Electronic Locks
Mapping the Tech Strategy of Assa Abloy through Acquisitions in Access Control & Identification Solutions
September 20th, 2023Salto Systems Access Control Business & 2022 Financials Examined
May 17th, 2023
iLOQ Digital Access Management Business & 2022 Financials Examined
In this Research Note, we examine iLOQ, the Finnish digital access management business, based on 2022 financial results, Annual reports and recent press releases. This is an update on our previous article, Exploring iLOQ Financials & the Mechatronic Lock Market. iLOQ is a growing Finnish innovator in the mechatronic locking sector. Based on patented energy-harvesting […]
Daikin Collaborates with Startups in the Smart Buildings Space
Headquartered in Tokyo, Japan, Daikin Industries Ltd, is the global No. 1 air conditioning manufacturer, with over 88,000 employees, 100 production sites, and more than $27 billion (3.1 trillion Japanese yen) in sales across the 170 countries in which it operates. Through joint development with partner companies that include customers and startups, the company is […]
Convergint Security Systems Integration Business and Financials Examined
In this Research Note, we examine Convergint, the North American security systems integrator. This analysis covers the firm’s turnover development, ownership, its target vertical markets and global expansion strategy beyond North America. Headquartered in Schaumberg, Illinois, Convergint is a leading systems integrator that designs, installs, and services electronic security, cybersecurity, fire and life safety, building automation, […]
Exploring The SALTO Group Business and M&A Strategy
In this Research Note, we examine the SALTO Group business, based on their recent activities, M&A strategy and our analysis of their market positioning. Founded in 2001 and headquartered in Oiartzun, Spain, SALTO Group is a manufacturer of electronic locks and access control solutions. The Group consists of several companies including Salto Systems, Gantner, Conlan, danalock, Clay, and […]
Exploring iLoq Financials & the Mechatronic Lock Market
Broadly categorized, electronic access control systems, digital cylinders, and mechatronic locks are the leading technologies vying for a share of the immense market represented by the upgrading of traditional mechanical locks. In this research note, we explore the European vendor iLoq and mechatronic locks in general, which are locks that conform to one of the […]
Physical Security Tech in Smart Buildings Attracted over $2.9Bn in Global Investment in 2019
This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Over $2.9 billion was invested in firms providing physical security solutions for residential, commercial and industrial facilities in 2019. The data from our new report on M&A and Investments in Smart Buildings H2-2019 reveals the extent of global investment in the physical security […]
3 Recent Acquisitions Underline the Future Direction of Physical Security
We recently wrote about the status of M&A in Physical Security, in an article called “Strategic Acquisitions Dominate Security M&A; Whilst Major Conglomerates & External Buyers lose their Appetite” – http://memoori.com/strategic-acquisitions-dominate-security-m-whilst-major-conglomerates-external-buyers-lose-appetite/ In the last 2 years there has been a significant trend for medium sized specialist companies (previously totally dependent on organic growth) to adopt […]