Access Control
Paxton Access Delivers Solid 2024 Results Despite Tough Market Conditions
July 9th, 2025Axis Communications Reports Strong 7.4% Revenue Growth Despite Headwinds
July 3rd, 2025Elatec Acquired by Allegion to Augment Access Control Portfolio
In this Research Note, we look at what’s behind Allegion’s acquisition of Elatec GmbH, a German manufacturer of security and access technology, specializing in RFID credentials and reader solutions. We highlight the transaction details and strategic rationale before examining their financial development since 2020, recent acquisitions, and private equity ownership. Elatec Profile Founded in Puchheim […]
Vitaprotech’s 2025 Consolidation: New 4-Channel Strategy Simplifies Structure
This Research Note examines the strategic reorganization of the French security solutions player, Vitaprotech, following its buy-and-build strategy with 13 acquisitions completed over the last 5 years, the most recent of which was Identiv in April 2024. This article highlights the group`s simplified go-to-market approach based on 4 distinct sales channels. Vitaprotech Group Profile Created in […]
Hikvision’s Strategic AIoT Shift & 2024 Financials Explored
In this Research Note, we examine the Chinese video surveillance giant, Hikvision (Hangzhou Hikvision Digital Technology Co., Ltd), focusing on their strategic repositioning and business organization, before highlighting their 2024 results. This article is based on an IR presentation, October 2024, Hikvision’s 2024 Annual Report, 19 April 2025, associated press release, and Memoori analysis. See […]
iLOQ Digital Locking Business Navigates Market Challenges in 2025
In this Research Note, we examine the Finnish digital locking innovator iLOQ.This article is based on the financial statements and the 2024 Annual Report of Capnor Weasel Bidco Oyj, iLOQ’s parent company, published 14th April 2025. We highlight the group’s growth strategy, 2025 outlook, and the recent announcement of headcount reductions. iLOQ Profile Founded in […]
Advancis Secures Private Equity Investment in 2024: PSIM Market Implications
This Research Note examines Advancis Software & Services GmbH, a medium-sized German company providing physical security & identity software solutions. We review their latest company accounts y/e 31st December 2023 released on 4th February 2025, and comment on their private equity minority investment and positioning in the Physical Security Information Management (PSIM) market. Advancis Profile […]
Allegion’s Strategic Direction Revealed: Access Control Digital Transformation 2025
In this Research Note, we examine Allegion’s progress in the digital transformation of its access control business in 2024, before assessing its strategic direction in recent years. Our research is based on Allegion’s 2024 full-year results, 18th February 2025, and acquisitions, strategic partnerships, and investment activity since 2020. We previously mapped their strategic direction in […]
Indian Innovation: 11 Smart Building Startups Gaining Traction
In this Research Note, we examine the smart building startup market in India. This analysis is part of our Startups in Smart Buildings Report, published in January 2025 in which we examined 30 APAC startups gaining traction. We assess the venture capital fundraising market in India, before highlighting 11 startups founded in India in the […]
Alarm.com Strategic Expansion: 25% Growth in Commercial & Energy
In this Research Note, we examine Alarm.com, a U.S. provider of physical security, intelligent automation, and energy management solutions for smart homes and commercial real estate. This analysis highlights the growth strategy of the commercial security, international and venture businesses. It is based on Alarm.com’s Q4 Earnings call, 20th February 2025, investor presentations, 2024 10K […]