Artificial Intelligence

This Research Note examines the acquisition of Smiths Detection, a global vendor of threat-detection and security-screening technologies for airports, by CVC, a private equity firm.  We highlight the transaction details, Smith Detection’s overall business, vertical markets, acquisitions, AI partnerships and the strategic rationale of CVC before providing a Memoori view of the transaction. Transaction Details […]

This Research Note reviews the 3rd December 2025 investment by CapitalG, the Alphabet (Google) venture capital arm, in Verkada, a startup provider of video security systems for businesses and schools.  We comment on the progress of the firm, highlighting its plug-and-play cloud-native model, and provide our view on its development to date, including its funding […]

The access control market’s transition from capital-intensive hardware projects to software-driven, subscription-based delivery models is redistributing revenue and margin across the entire value chain, reshaping who makes money, when they make it, and for how long. In this research note, based on the in-depth analysis in our new report, The Physical Access Control Business 2025 […]

Physical access control systems (PACS) are becoming an authoritative source for occupancy data, workplace analytics, and real-time building orchestration. At the same time, a strategic contest is emerging between traditional security vendors and the new wave of workplace, IoT, and enterprise platforms, all competing to “own” the identity graph that increasingly determines how buildings operate, […]