Access Control

Security

ASSA ABLOY’s Technology Focus: Mapping their Strategy Part 2

September 23rd, 2025
Security

ASSA ABLOY’s Technology Focus: Mapping their Strategy 2023 to 2025

September 15th, 2025
Security

dormakaba Unveils Big North American Push: CHF 1 Billion Goal by 2028

This Research Note examines one of the top three companies in the global access solutions market, dormakaba. Based on their FY2024/2025 financial results, year ending 30 June 2025, and investor presentation, we summarize their financial highlights and explore their North American growth strategy and business model change for access control products. Previously, we covered their […]

Sharry Mobile Access 2025
Smart Buildings

Sharry’s Workplace Platform Shows Growth in Mobile Access Control

This Research Note explores Sharry, the Czech startup developing smart buildings software for mobile access control.  We review the platform, company funding, deployments, and partnership with Assa Abloy before providing our assessment of their progress. Sharry Profile Founded in 2016 and headquartered in Prague, Czech Republic by Josef Šachta, Jakub Řezníček, Michal Čeřovský and Vladimír Cibulka. Sharry has […]

Vinci Energies
Smart Buildings

Vinci’s €287M German Acquisition Spree Transforms Building Solutions

This Research Note examines the Building Solutions business of Vinci Energies, highlighting its focus, vertical markets, and financial performance of its operations, based on its 2024 financial results and Capital Markets Day presentation. Vinci Energies Building Solutions Profile Vinci Energies offers a range of electrical and multi-technical solutions and services for commercial and industrial buildings, […]

Honeywell 2025
Smart Buildings

Honeywell Losing Traction in the European Building Automation Products Market?

This Research Note explores our assessment of Honeywell’s market position in the European building automation products market.    We review the revenue mix for the Honeywell Building Automation division, examine the latest financial data of two subsidiaries, Trend Control Systems based in the UK and Saia-Burgess Controls based in Switzerland, concluding with our view of […]

Hanwha Vision
Security

Hanwha’s Robust Financial Results: Significant $1Bn Revenue Achievement

This Research Note explores the development and financial highlights of Hanwha Vision, formerly known as Hanwha Techwin, a video surveillance company listed on the South Korean stock exchange. This analysis is based on  Hanwha Vision’s Sustainability Report, 2nd July 2025, and Memoori analysis. Hanwha Vision Profile Headquartered in South Korea, Hanwha Techwin entered the video […]

Allegion Startup Investments 2025
Security

Allegion’s Investment Strategy: 20 Startups Expanding Their Technology Horizon

This Research Note examines Allegion’s relationships with smart building startups over the last 6 years. We highlight recent startup acquisitions, venture capital investments, and strategic alliances which complement their predominantly mechanical security products and systems business. This article updates our previous Research Notes in March 2025 on Allegion’s strategic direction and our coverage of the […]

Secom Avtel Acquisition 2025
Security

Secom Strengthens Global Presence with Strategic $60m Avtel Acquisition

This Research Note examines Secom’s strategic acquisition of Singapore-based security systems integrator, Avtel, highlighting the transaction details, strategic rationale, global operations, and reported revenues of the target. We explore Secom’s expansion strategy and comment on its current and previous investments beyond Japan. Transaction Details & Strategic Rationale Secom Co. Ltd. announced on 25th July 2025 […]

Cogelec Acquisition Legrand
Security

Legrand Expands Access Control Business with €254m Cogelec Deal

In this Research Note, we examine what’s behind Legrand’s agreement to acquire a majority stake in Cogelec, a French specialist in access control. We explore the transaction details, Cogelec’s business model and current offerings, Legrand’s door entry systems, and the strategic rationale of the acquisition. Transaction Details On 9th July 2025, Legrand and Cogelec announced the signing of […]

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