View Enters Strategic Deal With RXR Realty On WorxWell Platform

  • View Inc VIEW entered a strategic agreement with RXR Realty to combine the WorxWell data analytics platform into its technology stack. Financial terms were not disclosed.
  • WorxWell's data analytics platform integrates all building data, including occupancy, space usage, digital collaboration, work patterns, access control, air quality, temperature, and environmental factors, into a consolidated dashboard.
  • RXR's WorxWell is currently deployed in 25 million square feet of office buildings.
  • Acquiring WorxWell enables View to provide an integrated, end-to-end technology and product stack that seamlessly brings together software, sensors, and data from View and third parties, into a unified platform.
  • Price Action: VIEW shares are trading higher by 13.1% at $4.58 on the last check Tuesday.
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