Acquisitions
Carrier HVAC and Fire & Security 2022 Business Examined
February 27th, 2023Systemair Ventilation Business 2022 Examined
February 14th, 2023
Signify’s Connected Lighting Business 2022 Examined
In this Research Note, we examine the lighting business of Signify, based on their 2022 annual results, investor presentations and connected lighting technology-related activities throughout 2022. This is an update on our previous coverage of Signify last year. Signify, headquartered in Eindhoven, the Netherlands, is a market leader in energy-efficient lighting systems and services, with […]

Startup Acquisition Activity Remains Resilient in the Smart Buildings Space
Strategic acquisitions are enabling leading players across the smart buildings market to augment their technology offerings with bolt-on startup acquisitions in several areas and increase their focus on software solutions. This forms part of a 2 pronged strategy to mitigate the risk of market disruption, with leading players (and increasingly private equity firms) taking majority […]

Funding for Smart Building Startups Reached $5.9 Billion in 2022
Our new research delves into the investment from venture capital, private equity and corporate backers for smart building startups. Since 2015, total capital invested in startups in the global smart building space amounted to over $31 Billion. In the last 2 years (which are the focus of this report) it reached unprecedented levels with $5.9 […]

Mapping the Strategic Direction of Schneider Electric in Smart Buildings – Part 2
This Research Note examines the emerging strategic priorities of Schneider Electric in the smart commercial buildings space. We have mapped M&A, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the Buildings business. We have categorized the various business relationships by technology and investment type over a 3-year period. This article, Part 2 of a 2-part analysis […]

Mapping the Strategic Direction of Schneider Electric in Smart Buildings – Part 1
This Research Note examines the emerging strategic priorities of Schneider Electric in the smart commercial buildings space. We have mapped M&A, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the Buildings business, by categorizing the various business relationships by technology and investment type over a 3-year period. This article, Part 1 of a 2-part analysis, is […]

Restructuring and Redundancies at Infogrid
In an undated blog published just before the December holiday break, Infogrid announced a restructuring, making a significant number of roles redundant in the process. The letter from Infogrid founder and CEO, William Cowell de Gruchy written to his team members confirms that the company would be “saying goodbye to a significant number of passionate […]

Mapping the Strategic Direction of Allegion in the Smart Building & PropTech Space
Spun off from Ingersoll Rand in 2013, Allegion (NYSE: ALLE) has become an established player in the physical security industry for commercial and residential building markets around the world. In this research note, we map the key acquisitions, partnerships, and investments made by Allegion in the past six years to reveal the firm’s strategic priorities […]

Mapping View Inc.’s Smart Building Strategy
View is one of the most well-known brands in the area of dynamic glass and smart windows, which are becoming an increasingly common element in smart buildings. As a start-up, View rose to unicorn status in 2018 with support from a range of top investment funds and it was one of the first smart building […]