Smart Buildings

Mapping the Strategic Direction of ABB Smart Buildings Division

This Research Note examines the emerging strategic priorities of ABB’s Smart Buildings division. We have mapped the acquisitions, strategic partnerships and investment activity of the business unit to ascertain their growth ambitions, by categorizing the various relationships and deals by technology and investment type over a 4-year period. This analysis is intended as a non-exhaustive indicator of ABB’s strategic direction in the smart buildings sector between January 2019 and September 2022.  The division, one of 6 business units of the $13.2 billion Electrification segment of ABB, reports revenues in the range of $2,750 to $3,250 million for 2021.  Memoori previously examined the 2021 activities of the Smart Buildings business in a Research Note in February 2022. The commentary below relates to investments, acquisitions and strategic partnerships in the last three years, across the commercial building automation and smart home businesses. Commercial Building Automation, Energy Management In March 2020, ABB announced the acquisition of Cylon Controls, a second-tier Irish building automation […]

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