The leading building automation players are investing and partnering with startup companies who have developed lower cost solutions for the light commercial buildings market.  The latest example is the Siemens acquisition of French startup, Wattsense, which enables the leading player to address this market. The acquisition by the former Building Technologies business, part of Siemens Smart Infrastructure division headquartered in Switzerland, is the first since 2018, when the group acquired three startups, Comfy, Enlighted and J2 Innovations. Founded in 2017, Wattsense, a hardware and software company based near Lyon, France, has developed an innovative plug-and-play IoT management solution for small and medium-sized buildings (less than 5,000 m²), the majority of which are not equipped with Building Management Systems (BMS). Henning Sandfort, CEO of Building Products at Siemens Smart Infrastructure, said: “Together with Wattsense we will accelerate the adoption of IoT systems in a wider range of buildings, bringing the sustainability, comfort, and cost benefits to more people […]