This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Over the last three years, Memoori has tracked 594 acquisitions across the smart buildings space, described in detail in our new report on M&A and Investments in Smart Buildings H2-2019. Record levels of M&A in the last 2 years are confirming a shift in the slowly evolving market, with 232 acquisitions in 2019 and 226 in 2018, which was a 66% increase over 136 in 2017. This heightened level of activity maintained over the last 2 years is a significant indicator that a tipping point has finally been reached in the acceptance and adoption of intelligent building technology. In the building automation and proptech segments, we saw considerable activity in the acquisition of IoT technology to enhance the workplace experience of building occupants and to sense, control, visualize, monitor and predict a range of operational parameters to improve building performance. 202 acquisitions in […]