Acquisitions
‘SaaSy’ Integrated Workplace Management System (IWMS) Vendors
July 4th, 2024Irisity Video Analytics Business 2024 Examined
July 1st, 2024
What’s Behind the Sale of Johnson Controls Air Distribution Business?
Johnson Controls has announced plans to sell its Air Distribution Technologies business, which it acquired in 2014 for $1.6 billion, for an undisclosed amount to Los Angeles private equity firm Truelink Capital. The transaction is expected to close in the second half of 2024 and marks another step in a broad transformation of the pure-play […]
Consolidation in the Workplace Experience Market as Witco Acquires SharingCloud
This Research Note examines what’s behind Witco’s latest move to acquire SharingCloud. We review the deal in the context of the startup’s development, funding, prior acquisitions, and strategy. Witco Profile Witco, a Parisian startup was founded in 2016 as MonBuilding, serving the French and Canadian enterprise market for workplace engagement apps. After raising 2 million […]
What’s Behind the Acquisition of Cobalt Robotics by Dean Drako?
This Research Note examines what’s behind the acquisition of Cobalt Robotics by Dean Drako, announced on 4th June 2024. We review the development of Cobalt, the strategic rationale of the acquisition, and the accelerating trend of robotic technologies as a mainstream security solution. Cobalt Robotics Acquisition Founded in 2016 in Fremont, California Cobalt Robotics develops […]
ASSA ABLOY Global Technologies Division & 2023 Financials Examined
This Research Note examines the Global Technologies Division of ASSA ABLOY, the Swedish global access control group with the largest installed base of locks and different access solutions in the world. Our analysis is based on ASSA ABLOY’s 2023 Annual Report, their Capital Markets Day Presentation, 14th May 2024, and subsequent acquisitions in 2024. ASSA […]
What’s Behind Brainbox AI’s Acquisition of Turntide’s Automation Division?
This Research Note highlights the background to Brainbox AI’s acquisition of the Automation division of Turntide Technologies focusing on the development of both startups and the strategic rationale of the transaction. Brainbox AI BrainBox AI was founded in 2017 with the goal of redefining building automation through artificial intelligence to address the dilemma currently facing […]
#Podcast 30: MSI +Architect = Improved Smart Building Technology Delivery! ✅
In our Podcast series “Sh*t You Wish Your Building Did!”, Memoori explores the intersection between technology and commercial buildings through interesting conversations. For Episode 30, we were joined by Nick Clark and Mike Brooman to discuss architect Aukett Swanke’s recent acquisition of the assets of Vanti. We discussed the reasons behind the acquisition. It’s Aukett […]
Comelit Physical Security & Building Automation Business 2024 Examined
In this Research Note, we explore Comelit Group SpA, an Italian manufacturer of physical security systems, highlighting its M&A growth in the last 5 years culminating in its entry last month into the building automation market. Founded in 1956, Comelit specializes in the design and manufacture of video entry, video surveillance, anti-intrusion, home automation, access […]
Salto Systems Access Control Business 2024 Examined
In this Research Note, we examine the Salto Systems business, based on their 2023 revenues, market expansion, product innovation, and a minority investment in an energy savings product for the hospitality sector. Founded in 2001 and headquartered in Oiartzun, Spain, Salto Systems is one of the market leaders in electronic locking and access control solutions […]
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