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Amid growing reports of unrest at Nest, new information has leaked about the companies foray into the home security sector. It is not exactly a secret that Google’s $3.2 billion dollar acquisition intended to release security related products. On the contrary, the only surprise has been how long it has taken for the company to bring products to market. With a backdrop of a not-so-happy corporate atmosphere, many are suggesting the firm’s internal struggles are to blame for its less than spectacular record since its acquisition. While corporations are generally quite good at keeping internal troubles under wraps, the problems at Nest were spilled to the world when Reed Albergotti (a reporter at The Information and the co-author of the famous book on Lance Armstrong’s doping scandal), got Nest under-fire CEO Tony Fadell, Nest co-founder Matt Rogers, and former Dropcam CEO Greg Duffy to talk openly about their problems with each other. The latter, Duffy, […]
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Several smart building startups will trial energy efficiency, HVAC optimization, and energy storage technology across Amazon fulfillment centers and warehouses in Europe after winning funding in this year’s Amazon Sustainability Accelerator (ASA). The 2024 ClimateTech Pilot Challenge has welcomed startups that have moved beyond prototype testing and are working towards generating initial revenue and growing […]
This Research Note examines what’s behind the acquisition of Danfoss Fire Safety A/S by Siemens Smart Infrastructure announced on 8th October 2024. We review the transaction details, the strategic rationale, the SEM-SAFE fire protection system, and deployments before assessing how this acquisition fits into Siemens fire safety portfolio. Transaction Details Siemens Smart Infrastructure has agreed […]
In today’s complex commercial real estate landscape, energy management has become a critical focus for asset managers, property managers, and facilities managers. As urbanization accelerates, energy demand grows, and the energy market becomes more volatile, optimizing energy use is no longer just about lowering costs, it has become a key factor in achieving sustainability, resource […]
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