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 […]