Smart Buildings

Strategic Buyers in Smart Buildings Space Focus on Software Acquisitions in Q2

This article was written by Daphne Tomlinson, Independent Senior Research Associate at Memoori. In the second quarter of 2019, M&A activity in the Smart Buildings space, continued at a similar level as in the first quarter. By the end of June, Memoori recorded 59 acquisitions, compared with 56 in Q1-2019. This article provides a snapshot of some of the notable acquisitions during this period, which are fully listed in our new report 'M&A and Investments in Smart Buildings H1 2019'. Corporate Buyers Augment their Software Portfolios in the Commercial & Industrial Sector Powerhouse Dynamics, a provider of a cloud-based IoT platform for multi-site retail customers, was acquired by Middleby, a leader in the food service equipment industry in April 2019. The combination of the Middleby Connect and SiteSage platforms is intended to enable a single comprehensive solution to improve efficiencies and manage a broad set of operating issues tailored to restaurant customers’ needs. The majority […]

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Real Estate Service Firms Continue to Invest in Smart Building Tech in 2022

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