Articles

This Research Note examines the acquisition of Italian building automation specialist iSMA CONTROLLI by IMI plc, the UK-listed engineering group.  We explore the transaction details, strategic rationale, the target company profile and IMI’s Climate Control sector, before commenting on the deal. Transaction Details IMI plc announced on 7th October 2026 that it has agreed to […]

Most business cases for smart building technology stop at energy savings. The bigger bills often come from things nobody tracks: faults that run for weeks before anyone notices, equipment that slowly drifts out of its commissioned state, and compliance and security risks that build up quietly, ruining smart building ROI. In episode 48 of Sh*t […]

This Research Note examines the proposed acquisition of Ecolibrium Inc. by Built Cybernetics plc, a London AIM-quoted PropTech group delivering Smart Buildings and architectural services.  We explore the transaction details and strategic rationale before assessing Ecolibrium’s SmartSense platform, based on Memoori’s recent report on AI in Commercial Buildings. This article updates our previous coverage of […]

This Research Note explores Nordomatic Group, an independent European system integrator for Building Management Systems (BMS) based in Sweden. We examine the group’s software offerings, ownership, and financial results in the past 12 months before assessing M&A strategy over the last decade, based on public records, press releases, and Nordomatic 2025 Sustainability Report. This article […]

Money is pouring back into smart building startups. New founders are not. In the first half of 2026, Memoori tracked 169 funding rounds worth $5.3 billion and 46 acquisitions of smart building startups. That puts 2026 on course for a record year. Look beneath the headline, though, and you find a market that is concentrating […]

92% of commercial real estate (CRE) firms are now piloting artificial intelligence (AI). 5% say they have achieved what they set out to do (Source: JLL). Gaps like this have a history, and the Cisco smart buildings story is a good example of one. Between 2005 and 2012, the world’s largest networking company built a […]

In this Research Note, we explore one of China’s emerging startups in the smart buildings space. Incubated by Arup in 2018 and backed by seed investment from Venturous Group, Neuron Digital solutions are now deployed in over 800 buildings across 9 Asian cities in 6 countries. This article updates our previous coverage of the company […]

This Research Note examines the Swedish building automation group, AB Regin. We explore brands, business model and changes in ownership before highlighting their relocation of actuator production from Taiwan to Italy and their 2025 financial results. This article updates our previous coverage of the group in October 2024 and June 2022. Regin Group Profile Aktiebolaget […]