Johnson Controls International plc (NYSE:JCI) acquired Synchrony, Inc. from Siemens AG. Posted on 11/01/2019 by Ron Klammer Posted in Mergers & Acquisitions Tagged Hardware & Systems Synchrony, Inc. engages in the development, manufacture, and supply of active magnetic bearings, direct drive systems, high-frequency drives, high-speed motors and generators, and power electronics for use in rotating machinery.