Critical Infrastructure
iLOQ Digital Locking Business Navigates Market Challenges in 2025
May 8th, 2025Synectics 2024 Financial Results Delivered 56.8% Profit Growth
April 14th, 2025
Trump Tariff Era: How 2025 Policies Could Reshape Smart Building Tech
“I always say ‘tariffs’ is the most beautiful word to me in the dictionary,” said US President Donald Trump on numerous occasions. Barely three months into his second term as president, Trump may have made more tariff changes than any period in modern US history. Today, on “Liberation Day”, Trump is set to make a […]
What’s Behind Identiv’s Move to Divest Physical Security Business to Vitaprotech?
This Research Note examines what’s behind Identiv’s latest move to divest its physical security business to European security solutions player, Vitaprotech. We review the new IoT business and the transaction details in the context of Identiv’s strategic review and 2023 financial performance, before exploring the implications for Vitaprotech. This article is based on Identiv’s Strategic […]
Synectics Electronic Security Business & 2023 Financials Examined
In this Research Note, we examine Synectics plc, the listed UK provider of large-scale electronic security systems for critical and regulated environments. This article is based on their Annual Results, year ending 30 November 2023 announced on 27th February 2024, an InvestorMeet presentation on 29th February 2024, Annual Report 2023, and supplementary analysis. Based in […]
How IoT Devices Are Being Hijacked to Drive Crime & Conflict
We are living in an increasingly monitored world. Video surveillance and other IoT devices promise to increase our security but recent cyber attacks remind us that the difference between surveillance and espionage is in the eye of the password holder. In the lead-up to deadly airstrikes in the first week of 2024, Ukraine has accused […]
Mapping the Tech Strategy of Assa Abloy through Acquisitions in Access Control & Identification Solutions
This Research Note examines the technology strategy of Assa Abloy, the global vendor in the access solutions space. We have mapped M&A activity in physical security, access control and identification solutions by categorizing the various acquisitions by technology over the last 2 years (January 2022 to date). The strategy presentation slide (shown below) at the […]
Albireo Energy Building Automation Systems Integration Business & Growth Strategy Examined
This Research Note examines Albireo Energy, the largest independent BAS systems integration and energy services company in the U.S. We examine their growth strategy their “buy and build” business model and recent acquisitions, based on press releases, their 2022 Environmental, Social and Governance Report and Memoori analysis. Founded in 2014, Albireo Energy, LLC provides building […]
Senstar Critical Infrastructure Protection Business & 2022 Financials Examined
In this Research Note, we examine Senstar Technologies perimeter protection business, based on their 2022 20F financial report, earnings release, investor presentations, vertical market focus and strategy. This article updates our previous May 2022 analysis. Senstar Technologies Ltd, a listed company on the US Nasdaq global market, based in Ramat Gan, Israel, was established in […]
Synectics Physical Security Business & 2022 Financials Examined
In this Research Note, we examine Synectics plc, the listed UK provider of large-scale electronic security systems for critical and regulated environments. This article is based on their 2022 Annual Results, Investor presentation, 2022 Annual Report and press releases throughout the year. Based in Sheffield, UK, the company’s expertise is in providing solutions for specific […]