St. John’s-based Mysa Smart Thermostats has bought the intellectual property of Zen Ecosystems, with plans to incorporate the Costa Mesa, Calif. startup’s offerings into its own product line and ramp up efforts to land commercial clients inside of a year.

Mysa said in a statement it will continue to support Zen’s existing customers. Before the deal, Mysa had four products, of which it has sold hundreds of thousands of units since it started shipping in 2018. Zen, for its part, was largely a peer company to Mysa, but with a focus on commercial, rather than residential applications.

"All of Zen’s products, both the line of thermostats and the ZenHQ platform, fit perfectly into the Mysa product family. This acquisition is a natural step for Mysa as we continue to accelerate the complete electrification of heating and cooling," said Mysa CEO Joshua Green in a statement. ZenHQ is Zen's management software for lighting systems as well as heating, ventilation, and air conditioning.

"Building on Zen's amazing product design for central heating and cooling systems as well as commercial energy management, we'll be able to provide even more value to our customers and bring about a cleaner, more sustainable future.”

The deal comes two years after Mysa raised a $20.3 million series B funding round led by Montreal cleantech fund Cycle Capital Management, and about seven months after it inked a collaboration deal with Redwood City, Calif.’s AutoGrid Systems.

AutoGrid makes virtual power plant technology — an industry term for systems that aggregate energy from a variety of different sources and allow an electrical grid to use it as if it came from a single power plant. And at the time, the deal hinted that Mysa was eyeing a move towards enterprise clients, but its technology was limited to applications involving no more than eight to 10 thermostats. Now, Green has told CBC News that he expects Zen’s commercial-scale technology to allow Mysa to start pursuing commercial clients in six to 12 months.