Energy Storage
Vertiv Moves Upstream: What the $1.45B UIG Deal Means
September 7th, 2026Energy Management Startups Won 49% of Smart Building Funding in H1 2026
July 30th, 2026
Stem Software Pivot: Can a Dual-Market Strategy Deliver 2026 Growth?
This Research Note examines Stem’s energy storage and solar business, 2025 financial highlights, and their progress towards a software-centric model, based on the company’s Q4 2025 results, 4th March 2026, and their latest 10-K report. We comment on their pivot to a dual-market software strategy aimed at both commercial and industrial clients and a utility-scale […]
ABB Electrification Reports $800m in M&A & Investment Since 2023
This Research Note examines ABB’s Electrification business and their 2025 financial results announced on 29th January 2026. We explore the division’s overall revenues originating from the buildings and data center end markets, based on their revised ABB Factsheet and their acquisitions and investments strategy in 2025, drawing on their Capital Markets Day presentation in […]
Elexity Energy Platform: Complete Startup Profile & Market Outlook 2026
This Research Note examines Elexity, the North American load flexibility software startup, exploring their energy management platform, partnerships, and disclosed funding. We conclude with a Memoori market forecast for flexible load management, based on our report on Energy Management Software for Grid-Interactive Efficient Buildings (GEB), first published in November 2024. Elexity Profile Founded in 2018 […]
Honeywell’s 2026 Automation Spin-Off: Brilliant Strategy or Risky Complex Move?
This Research Note examines Honeywell’s Automation & Control Solutions (ACS) businesses from 10 years ago, and highlights its evolution and major organizational changes since then, resulting in the forthcoming spin-off into an Automation public company. We compare and assess the new organization, review its success factors and ongoing challenges, before providing our view on the […]
Hager Group’s Energy Management Software Expansion: 15 Years of Acquisitions Analyzed
This Research Note examines Hager Group, the German supplier of electrical distribution products for residential applications, which has extended its business focus to commercial buildings. We comment on its recent inorganic growth strategy in energy management software and services, before analyzing the impact of their acquisitions since 2010. Hager Group Profile Hager Group is a […]
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 […]
Pavegen’s Hong Kong Deal Signals 2025 Smart City Breakthrough
This Research Note examines Pavegen, the UK smart flooring startup. We highlight the company’s technology offerings, business model, financial highlights, and external fundraising initiatives before assessing key deployments to date and future growth plans. This article is based on Pavegen’s July 2025 investor presentation and Memoori analysis. Pavegen Profile Founded in 2009 in the UK by […]
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