Articles

This Research Note examines Acuity’s agreement to acquire Parameter Technologies. We explore the transaction details and strategic rationale before commenting on the fit within Distech Controls and Acuity Intelligent Spaces. Parameter Technologies Parameter Technologies (Parameter) was formed by the merger of RLE Technologies and NDSL in December 2024, as a platform company of May River Capital. […]

This Research Note examines the proposed acquisition of Onnec Group Ltd, a UK-headquartered provider of IT infrastructure solutions, announced by CBRE on 20th October 2026. We explore the transaction details and strategic rationale before providing a Memoori view of the Onnec brand, its repositioning as a data center technical systems integrator and the reshaping of […]

This Research Note examines the fiscal 2026 results for Acuity Intelligent Spaces, the smart building division of Acuity Inc., for the year ending August 31, 2026. Acuity Intelligent Spaces (AIS) grew sales 44.8% and operating profit 145% in fiscal 2026, but most of that jump reflects a full year of QSC. On a like-for-like basis, […]

This Research Note examines Pavegen Systems Ltd, the UK smart flooring startup, which declared insolvency and entered administration on 30th September 2026.  We explore the company’s technology offerings and external fundraising initiatives before providing our assessment of the company’s downfall. This article is based on Pavegen’s July 2025 investor presentation, our July 2025 Research Note, […]

This Research Note examines Smartvatten, a Finnish specialist in water efficiency technology and expertise in Northern Europe. We highlight key data in building deployments, 2025 revenues and water saved through remote water monitoring, current strategy, platform upgrade and major deployments. This article updates our previous coverage of the company in March 2024 and October 2025. […]

This Research Note covers Zumtobel, the Austrian-listed lighting group. It looks at the group’s results for the financial year to April 30, 2026, first-quarter trading for 2026/27, and its smart building strategy. That strategy includes new open standards work with Fagerhult and a run of partnerships with building technology vendors. This note updates our coverage […]

This Research Note examines the acquisition of the Swiss smart buildings IoT platform company, akenza AG by VEGA Grieshaber KG, a German manufacturer of industrial measurement technology. VEGA Profile Since 1959, VEGA Grieshaber KG has been developing and producing technology for level and pressure measurement for industrial process automation. VEGA’s measurement solutions are used in […]

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 […]