Articles

In this Research Note, we examine the half-year financial results, ending 30th June 2022 for the major Chinese video surveillance giants, Hikvision (Hangzhou Hikvision Digital Technology Co., Ltd.) and Dahua Technology (Zhejiang Dahua Technology Co. Ltd.) in the context of previous results, their overall strategies, growth and Memoori market analysis. This Note is based on company financial reports for the […]

In this Research Note, we examine Convergint, the North American security systems integrator. This analysis covers the firm’s turnover development, ownership, its target vertical markets and global expansion strategy beyond North America. Headquartered in Schaumberg, Illinois, Convergint is a leading systems integrator that designs, installs, and services electronic security, cybersecurity, fire and life safety, building automation, […]

In this Research Note, we examine Irisity AB, a Swedish provider of AI-powered video analytics solutions. This analysis is based on their 2021 Annual Report, investor presentations, acquisitions and growth strategy. Irisity AB is a public company listed on Nasdaq First North Growth Market. Founded in 2006, the company serves customers in more than 90 countries with headquarters in Gothenburg, Sweden […]

In the same week in July, two more special purpose acquisition company (SPAC) mergers in the smart building security space wrestled with this alternative IPO approach. First, Crown Proptech Acquisitions failed in their attempted merger with access control firm Brivo after the deadline passed before they were able to raise the funds required. Then, 5 […]

In this Research Note, we examine the fire and security business of Halma plc and the financial results for their Safety Sector, year ending 31 March, announced on 16th June 2022.  This analysis is based on financial releases, investor presentations and the 2022 Annual Report. Halma is a group of around 45 life-saving technology companies with FY2022 revenue exceeding £1.5 […]

The destructive relationship between fire and buildings is as old as the history of buildings themselves. Fire protection has been a key reason for the development of new materials, construction methods, and safety protocols since the earliest buildings and each major fire acts as a trigger for innovation and regulation. The response to the Great Fire […]

In this Research Note, we examine Alarm.com, a US provider of physical security, intelligent automation and energy management solutions for the smart home and commercial real estate. This analysis is based on their 2021 and Q1-2022 financial results, 10K Report, investor presentations, M&A and diversification strategy. Alarm.com, founded in 2000, became a public company in June 2015 on Nasdaq under […]

In this Research Note, we examine Motorola Solutions Video Security and Access Control business based on their Q1-2022 financial results, investor presentations and M&A. Our analysis of two recently acquired companies, Calipsa and Videotec, brings Motorola’s deal count up to eight acquisitions in this segment in less than four years. Motorola announced its Q1 results on 12 May 2022, […]