Mergers and acquisitions have become commonplace in the smart building sector. The fact that so many individual systems come together to create the complex entity broadly defined as “the smart building” lends itself to firms bringing together their unique skills in order to offer a more complete service to their customers. In the real estate sector, it is building owners and their teams that make up the key customer base for the entire smart building vendor spectrum, so specialists joining forces makes complete sense in the emerging industry. One such deal exemplifies this trend, the recent acquisition of Austrailian building optimization firm Buildingsense by US-based BuildingIQ, who are also active in Australia. In fact, the two companies combined have provided intelligent building services for more than 30 buildings across Australia, including the Melbourne Hotel, Cockburn Operations Centre, and Flinders Centre Bankstown. Buildingsense was founded in 2015 by Hari Singh and is headquartered in Perth, Western […]