Education
ABB BuildingPro Suites: Ambitious Play for the Smart Building Mid-Market 2026
April 1st, 2026Airthings in 2026: Can a Restructuring Overcome Critical Business Challenges?
March 30th, 2026
51WORLD IPO: China’s Largest Digital Twin Company Raises $84m
This Research Note examines 51WORLD, a Chinese digital twin company that listed on the Hong Kong Stock Exchange in December 2025. We highlight key transaction details, financial disclosures, and strategy from the IPO prospectus and provide a Memoori view on the startup. Transaction Details Net proceeds from the global offering amounted to approximately HK$653 million […]
Xtract One: 29% Booking Growth Contrasts with 2025 Revenue Decline
This Research Note examines Xtract One Technologies, a Canadian public company delivering a digital perimeter screening solution that claims to enhance the patron experience while lowering security risks and costs. We explore their financial highlights and product overview before concluding with a Memoori view on the business. Xtract One Profile Founded in 2016, Xtract One […]
Verkada’s New Funding: 30k Customers Power $5.8Bn Valuation
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 […]
Siemens Advances Net-Zero Strategy: 3 UK Universities Deploy Smart Building Tech
In this Research Note, we examine Siemens solutions portfolio for smart campuses and highlight three major deployments of decarbonization technologies at UK university campuses in London, Birmingham, and Kent. Siemens Buildings business in the UK has implemented a range of solutions including energy audits, lighting replacement, building management system upgrades, solar energy & heat pump […]
Johnson Controls UK Analysis: 8 Strategic Acquisitions Since 2022 Drive Revenues
This Research Note examines the major Johnson Controls UK businesses relating to building automation, fire and security systems, highlighting their latest financial data, year ending 30th September 2024. It is based on the annual reports of 3 companies, Johnson Controls Building Efficiency (UK), Tyco Fire & Integrated Solutions (UK) and ADT Fire & Security. We […]
Evolv Reported Solid 31% Revenue Growth in 2024
In this Research Note, we examine Evolv Technology, a US public company providing AI-based weapons detection for security screening. We highlight the firm’s 2024 financial results, restated following a US SEC investigation, based on their 28th April 2025 announcement, 2024 10-K Report, and Investor Presentation, October 2024. This article also includes Evolv’s resolution of the […]
Airthings Indoor Air Quality Business & 2024 Financials Examined
In this Research Note, we examine Airthings ASA, a Norwegian public company focused on indoor air quality sensing. This analysis highlights their Q4 and Full Year 2024 financial report, including financials for their operating segments offering consumer devices and air quality solutions to schools, offices and other commercial buildings. Airthings Profile Airthings produces IoT devices […]
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 […]