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This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. In a relatively rare move to augment its building automation business, Johnson Controls, one of the top 3 vendors of building automation systems, announced the acquisition of EasyIO, a manufacturer of open BMS control products on 21st November 2019. In recent years, Johnson Controls has been divesting businesses, most recently its Power Solutions (battery manufacturing and energy storage) business in November 2018, which has refocused the company’s $24 billion Buildings business as a building technologies pure player. Johnson Controls has also been filling gaps with acquisitions in its security and HVAC businesses. The addition of the Smartvue cloud-based video platform in April 2018 enhanced their security systems offering. While in the HVAC sector, the purchase of Triatek, augmented JCI’s range of HVAC airflow control systems that help healthcare and other critical research facilities reduce the spread of airborne contaminants and chemicals. With this […]
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In this Research Note, we examine Kieback&Peter, one of the long-established German manufacturers and systems integrators of building automation solutions and services. This analysis is based on last month’s publication of their annual company accounts. We also highlight their recent product launches, the planned new headquarters, and a 2025 acquisition. Kieback&Peter GmbH & Co. KG […]
In this Research Note, we examine CBRE’s recent announcement of the creation of a new Building Operations & Experience business segment, in conjunction with the acquisition of Industrious, a US provider of flexible workplace solutions. We assess the changes to the former Global Workplace Solutions business and comment on the Industrious acquisition and the state […]
This Research Note explores what’s behind Yardi Systems’ recent acquisitions of Hubble and Deskpass in the coworking sector. We focus on Yardi’s strategic rationale for acquiring these two firms, the company’s prior acquisitions in the sector, and the current state of coworking in the office market. Yardi Profile Founded in 1984 by Anant Yardi and […]
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