Articles

How did a UK electronics vendor successfully expand globally, compete against industry giants, and grow exports to over 40% of their business? In this podcast episode, John Davies, former Managing Director of TDSi, reveals some strategies that transformed a regional Access Control vendor into an international player. In our Podcast series “Sh*t You Wish Your […]

This Research Note examines ButterflyMX, a New York City-based video intercom and access control systems provider founded in 2014. We highlight their product suite, external funding, deployments, acquisitions, and growth before providing our view of the company. ButterflyMX Product Suite ButterflyMX launched its smartphone-powered Video Intercom in 2014. Since then, ButterflyMX has scaled its product […]

In this Research Note, we examine Wavelynx Technologies, a Broomfield, Colorado-based vendor providing mobile-first identity and access control solutions. We take an in-depth look at the origins of the firm, its product portfolio, ownership, growth, regional expansion, and recent partnerships. Wavelynx Origins Wavelynx Technologies was founded in 2013 by Hugo Wendling, who had co-founded XceedID […]

In this Research Note, we examine the divestment of Bosch Security Products to Triton Partners, announced on 12th December 2024. We focus on the transaction, the new owner, and the realignment strategy in Bosch Building Technologies and the Energy and Building Technology business area. Bosch announced it planned to divest the business in October 2023, […]

dormakaba group, a listed company on the Swiss Stock Exchange with a turnover of CHF 2.8 billion, hosted its Capital Markets Day 2024 on 20th November 2024. This Research Note focuses on the leading access solutions group perspective on its strategy execution and efficiency and cost improvements through its transformation program. This article is based […]

This Research Note takes an in-depth look at SwiftConnect, a US mobile access control startup offering a software-first approach to physical access credentials and permissions. We examine their market traction, external funding, strategic partners, deployments, acquisitions, and headcount growth. Founded in 2020, SwiftConnect is a Stamford, Connecticut-based access control software platform provider using NFC-based mobile […]

In this Research Note, we examine the Milestone Systems Video Management Software (VMS) business. This analysis of their 2023 financial highlights, growth strategy, and M&A is based on Canon’s 2023 Results Presentation 30 January 2024, Milestone Systems 2023 Annual Report and Memoori analysis. Milestone Systems Profile Headquartered in Brøndby, Denmark, Milestone Systems A/S is a […]

This Research Note examines what’s behind the acquisition of Danfoss Fire Safety A/S by Siemens Smart Infrastructure announced on 8th October 2024. We review the transaction details, the strategic rationale, the SEM-SAFE fire protection system, and deployments before assessing how this acquisition fits into Siemens fire safety portfolio. Transaction Details Siemens Smart Infrastructure has agreed […]