Commercial Buildings
Legrand Expands Access Control Business with €254m Cogelec Deal
July 10th, 2025Paxton Access Delivers Solid 2024 Results Despite Tough Market Conditions
July 9th, 2025
Helvar’s Smart Building Focus Strengthens After 2024 Demerger
In this Research Note, we examine Helvar Oy, the Finnish provider of lighting control and sensing solutions, one of four subsidiaries of Helvar Merca Oy, the ultimate parent company. This article highlights the firm’s main solutions, its latest financial results, company reorganization, and business outlook. This updates our previous analysis of the company from July […]
Honeywell Enhances Data Center Safety with 2025 Strategic Acquisition
In this Research Note, we explore what’s behind the recent announcement of Honeywell’s acquisition of Li-ion Tamar, examining the development of the lithium-ion battery gas detection business by Nexceris. We then assess the Fire & Life Safety product offering of Honeywell Building Automation and their solutions for the data center vertical market, enhanced by the […]
Albireo Energy Reports $353m Revenue: Strengthens Market Position
This Research Note highlights Albireo Energy, the largest independent building control systems integration and energy services company in the U.S. We examine their 2024 financial highlights, deployments, and sustainability solutions portfolio, based on their 2024 Responsibility Report and Memoori analysis. This article updates our 2023 Research Note on the company. Albireo Energy Profile Founded in […]
Halma Achieves Solid 9.5% Safety Sector Growth Reaching £902m
This Research Note examines the fire detection and suppression businesses of Halma plc, part of the Safety Sector of the UK public company. This analysis is based on financial releases, investor presentations, year ending 31 March 2025, announced on 12th June 2025, and Memoori analysis of the major companies and estimated revenue mix of the Fire Safety […]
IoT Platforms Shift Beyond SaaS? Business Model Changes for 2025 & Beyond
Did you miss our live stream last week? We explored the complex ecosystem of IoT platforms reshaping how commercial buildings operate, from traditional office spaces to data centers. We examined the five technology tiers, analyzed the competitive landscape of unified versus specialized platforms, and investigated how artificial intelligence is fundamentally disrupting traditional software-as-a-service business models […]
Zehnder Group Strengthens Indoor Air Quality Portfolio with 2025 Airthings Acquisition
This Research Note explores what’s behind the acquisition of Airthings’ business segment by Zehnder Group, a Swiss indoor climate solutions manufacturer, announced on 16th June 2025. We examine the transaction details, Zehnder Group’s strategic rationale, and its ongoing portfolio transformation. Transaction Details Airthings ASA has agreed a non-binding exclusive Letter of Intent (LOI) for the […]
Vilisto’s Strategic Growth in the Commercial Building Market 2025
This Research Note examines vilisto GmbH, a German startup that has gained traction offering smart thermostats for application in non-residential buildings. We highlight their products, funding, deployments, and growth in revenues and headcount. Vilisto Profile vilisto GmbH was founded in 2016 in Hamburg, Germany, by Christoph Berger, Christian Brase, and Lasse Stehnken. Following a pivot in […]
Wesco’s $36.5m Deal for entroCIM Powers Shift to Services
In this Research Note, we explore what’s behind the acquisition of entroCIM by Wesco and examine the software business which has become part of Wesco’s Data Center Solutions segment. We also highlight Wesco’s strategy evolving from a distributor to a services provider. Transaction Details Headquartered in Pittsburgh, Pennsylvania, Wesco is a FORTUNE 500 company with […]
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