View Enters Strategic Deal With RXR Realty On WorxWell Platform

View Inc (NASDAQ: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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