Acuity Brands
The Top 5 Smart Building Acquisitions & Investments of 2024!
December 12th, 2024Acuity Brands Intelligent Spaces Business & FY2024 Financials Examined
October 31st, 2024
What’s Behind Acuity Brands Acquisition of QSC?
This Research Note examines what’s behind the acquisition of QSC by Acuity Brands announced on 24th October 2024. We review the transaction details, the strategic rationale, QSC’s profile, and the Seervision acquisition before assessing how this acquisition fits into Acuity Brands Intelligent Spaces portfolio. Transaction Details Acuity Brands announced an agreement to acquire QSC LLC for […]
Acuity Brands Intelligent Spaces Group & FY2023 Financials Examined
In this Research Note, we examine the development of Acuity Brands Intelligent Spaces Group (ISG) and its 2023 financial results, y/e 31st August 2023. Our analysis is based on their 4th October 2023 presentation, analyst call and announcements throughout the fiscal year. This article updates our previous analysis published last year. While lighting makes up […]
Acuity Brands Intelligent Spaces Group and 2022 Financials Examined
While lighting makes up 95% of Acuity Brands revenue (they are now the largest lighting manufacturer in North America with over $4.01 billion in revenues), it is their Intelligent Spaces Group (ISG) business that focuses on smart buildings technology. In this Research Note, we examine the development of the ISG business and its recent financial results. Our analysis is […]
Acuity Brands Annual Report 2021 Examined
While lighting makes up 95% of Acuity Brands Inc revenue (they are now the largest lighting manufacturer in North America) it is their Intelligent Spaces Group (ISG) business segment that focuses on smart buildings technology. In this research note, we examine their recently published 2021 Annual Report. Acuity’s ISG business segment offers building management systems […]
How Valuable is the Channel in Smart Building Technology?
In the midst of increased M&A activity in the smart building space, it is natural to consider the implications to building owners, operators and other competing solution providers. Do these acquisitions mean that smart building technology is maturing and has “arrived”. Or, were these acquisitions made opportunistically? It’s hard to know, and the answers may […]
Growing Shift to Energy-Efficiency-as-a-Service for Deep Retrofits & LED Lighting Upgrades
This article was written by Daphne Tomlinson, Independent Senior Research Associate at Memoori. The retrofit market in commercial and industrial buildings is undergoing a shift in how energy efficiency, lighting and other projects to optimize building technologies are obtained and managed. Organizations across the U.S are being offered a simpler way to access new energy […]
The Crucial Role of Start-Ups in Occupancy Analytics & In-Building Location Based Services
Start-ups are playing a crucial role in the development of the occupancy analytics, explains the latest report from Memoori: Occupancy Analytics & In-Building Location Based Services 2017 to 2022. The report comprehensively explored mergers and acquisitions, venture capital funding, in addition to partnerships and ecosystems, to provide an in-depth of the market as a whole. […]
The Smart Airport is a Very Different Prospect to Other Smart Buildings
You may not be surprised to hear that there has been another partnership between a lighting firm and an IT company. Such has been the surge of lighting into the IT sector that it seems that every month we see a new IT – lighting relationship forming. Many have been strategic partnerships while others are […]