Energy Management
Johnson Controls + Tyco: Nearly 10 Years on from the $16.5B Mega Merger
September 30th, 2025Verdigris: Comprehensive Review of the Energy Management Platform in 2025
September 29th, 2025learnd’s Strategic €48.5M Management Buyout Signals New Growth Phase
This Research Note examines learnd SE, a Luxembourg public company, which announced on 24th September 2025, that the founders have taken a majority stake and are to take the company private. We explore the transaction details, learnd’s history and buy and build strategy followed by the implications of the organizational change and a Memoori view. […]
Trane Technologies Growth Through Acquisition: Key 15 Smart Building Deals Since 2013
This Research Note examines the acquisitions and divestments that Trane Technologies has completed over the last 11 years in the smart buildings space. We have classified these transactions by technology, business model and strategic rationale. This article is intended as a non-exhaustive indicator of Trane’s strategic direction, updating our September 2022 analysis. Acquisition Mapping of […]
Wattbuy Acquisition Strengthens Schneider Electric’s 2025 Smart Home Strategy
This Research Note examines Schneider Electric’s acquisition of WattBuy, announced in August 2025. We highlight the startup’s development and strategic rationale of the acquisition before exploring the overall strategy of Schneider Electric in the US residential energy management space. WattBuy Profile Founded in 2017, Bellevue Washington based WattBuy is a software platform that helps consumers […]
Mitsubishi Electric’s $883m Nozomi Networks Acquisition Strengthens OT Security Portfolio
This Research Note examines the acquisition of Nozomi Networks announced by Mitsubishi Electric on 9th September 2025. We explore the transaction details and strategic rationale before assessing their Serendie-related digital services businesses and the acquisition’s impact on the Iconics Digital Solutions subsidiary of Mitsubishi Electric. Tranaction Details On 9th September 2025, Nozomi Networks, a US […]
IT Managed Services: The New Blueprint for Smart Building Success in 2025?
Commercial buildings are rapidly becoming software-defined assets. Cloud-based IoT platforms, expanding sensor networks and data-hungry applications are reshaping everything from HVAC and lighting to space utilization and tenant services. This digital shift promises measurable gains in sustainability and efficiency, but it also raises the stakes for networking, cybersecurity and lifecycle operations. What part will IT […]
Noda’s Strategic Pivot from Infogrid Continues: Comprehensive 2025 Review
This Research Note takes an in-depth look at UK startup Noda’s filing of their 2024 company accounts, released on 30th July 2025, detailing the financial results of Information Grid Ltd. We also comment on strategic decisions made in 2024 and 2025, including a strategic pivot in their software portfolio and headcount reductions. This article updates […]
Honeywell Losing Traction in the European Building Automation Products Market?
This Research Note explores our assessment of Honeywell’s market position in the European building automation products market. We review the revenue mix for the Honeywell Building Automation division, examine the latest financial data of two subsidiaries, Trend Control Systems based in the UK and Saia-Burgess Controls based in Switzerland, concluding with our view of […]
Nordomatic Reports Strong Growth: Key Insights from 2025 Market Position
This Research Note explores Nordomatic Group, one of the leading independent building management systems integrators in Europe. We examine software offerings, group ownership, and M&A strategy in the past 12 months before assessing financial results, based on public records, press releases, and Nordomatic 2024 Sustainability Report. This article updates our previous coverage of Nordomatic’s strategic […]