Acquisitions
akenza Acquired by VEGA: Behind the 2026 IoT Deal
October 9th, 2026IMI’s €63m Deal Targets Underserved Mid-Sized Buildings
October 8th, 2026
Disruptive Technologies Sold for $130M: What’s Behind the Deal?
This Research Note examines the acquisition of Disruptive Technologies announced by Digi International, a US provider of IoT connectivity products, solutions and services. We highlight the transaction details and strategic rationale for the acquisition, before exploring the current business segments of Digi International and commenting on our view of the deal. Transaction Details A definitive […]
ESG Software M&A Surges: 11 Deals Reshape the Market in 2026
This Research Note examines the landscape of ESG software providers, who are strengthening and broadening their offerings beyond compliance requirements and carbon accounting into integrated platforms for commercial real estate. This has resulted in a spate of ESG software acquisitions this year, as consolidation accelerates. We highlight 7 key players in the market: osapiens, Deepki, […]
Schneider Electric’s Saudi Deal Boosts Building Automation 2026
This Research Note examines Schneider Electric’s acquisition of Jeddah-based Al Mayssan Technical Services (MTS), a Saudi building management systems integration specialist. We highlight the development of the French energy and automation group’s presence in Saudi Arabia and comment on its initiatives to strengthen its building automation and project-delivery capabilities in the Kingdom. MTS Acquisition In […]
Ecolibrium Deal: Built Cybernetics AI Move Adds 600+ Sites
This Research Note examines the proposed acquisition of Ecolibrium Inc. by Built Cybernetics plc, a London AIM-quoted PropTech group delivering Smart Buildings and architectural services. We explore the transaction details and strategic rationale before assessing Ecolibrium’s SmartSense platform, based on Memoori’s recent report on AI in Commercial Buildings. This article updates our previous coverage of […]
Nordomatic Hits Over $300M Revenue After 2025 Buying Spree
This Research Note explores Nordomatic Group, an independent European system integrator for Building Management Systems (BMS) based in Sweden. We examine the group’s software offerings, ownership, and financial results in the past 12 months before assessing M&A strategy over the last decade, based on public records, press releases, and Nordomatic 2025 Sustainability Report. This article […]
Smart Building Startups H1 2026: 169 Funding Rounds, 46 Acquisitions & a Shrinking Pipeline
Money is pouring back into smart building startups. New founders are not. In the first half of 2026, Memoori tracked 169 funding rounds worth $5.3 billion and 46 acquisitions of smart building startups. That puts 2026 on course for a record year. Look beneath the headline, though, and you find a market that is concentrating […]
dormakaba’s CHF 1 Billion Goal Faces a Reality Check
This Research Note examines dormakaba, one of the three largest companies in the global access solutions market. Based on its FY2025/26 results (year ending June 30, 2026), we review the financial highlights and look closely at North America, its largest market. We then assess whether it can reach its goal of more than CHF 1 […]
Brightly Powers Siemens 2026 Push Toward Autonomous Buildings
This Research Note examines the recent transition of Brightly Software to Siemens Asset Management Software. We highlight the strategic integration into the Siemens portfolio as the foundation for asset health and management, explore the software expansions, recent AI enhancements, and analyse the impact of the acquisition on Siemens SI digital software capabilities and Building X. […]
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