The Building Internet of Things (BIoT) is expected to become one of the top five markets for the Internet of Things. It is still in its early stage of development but the investment that it has attracted to develop new products and apply leading edge technology shows that it has the backing of both technology companies and the investment business at large. In addition Mergers, Acquisitions and particularly Alliances are being transacted on an almost daily basis as companies from the IT Communications, Software and the different branches of the Building Automation Services (BAS) business jockey for position. Memoori identified some 23 acquisitions ranging in value from $3.7 million to over $3Bn and a 114 investment deals having a spread of $1 million to $126 million for the last 4 years ending 2014. We classified these into 5 categories of which 4 relate to acquisitions defined by the driver and investment deals. Technology Driven Acquisitions. […]