Internet of Things
Mitsubishi Electric’s $883m Nozomi Networks Acquisition Strengthens OT Security Portfolio
September 10th, 2025Vertiv Enhances IoT Platform with Strategic 2025 Waylay Acquisition
August 29th, 2025
Zumtobel Invests €191 Million in R&D for Smart Buildings Growth
This Research Note examines Zumtobel, an Austrian listed lighting group active worldwide, highlighting its latest financial results as of 30th April 2025, published on 24th July. This updates our research note from last year. We also explore the Smart Building Solutions new business area, partnerships, and a European Investment Bank loan for research and development. […]
Haltian Reports Strong 26.2% Revenue Growth & Healthcare Expansion
In this Research Note, we examine Haltian Oy, the Finnish developer of IoT hardware and software solutions for the built environment. This analysis, updating our September 2024 article on Haltian, focuses on the company’s recently launched products and solutions, its financial performance 2020 – 2024, funding, and deployments. Haltian Profile Founded in 2012, Haltian is […]
WeMaintain Achieves Strong International Growth: 70% Business Outside France
This Research Note examines the French startup, WeMaintain, established as an independent maintenance company to challenge the incumbent elevator and escalator manufacturers with IoT-based monitoring and superior service. This article updates our 2022 Research Notes on the company in July 2022 and October 2023. WeMaintain Profile Founded in 2017, WeMaintain offers tech-enabled predictive maintenance operations […]
Techem’s Major €6.7B Acquisition by Partners Group to Drive Next Growth Phase
This Research Note examines what’s behind the announcement of the €6.7B acquisition of German submetering firm, Techem by Partners Group and a consortium of minority investors. We highlight the transaction details, ownership history, and strategic rationale, as well as reviewing Techem’s financials and device and services portfolio. Transaction Details Partners Group, GIC, TPG Rise Climate, […]
Utopi Achieves Strong 2025 Growth in Decarbonizing Student Accommodation
This Research Note examines Utopi, a Scottish IoT device startup that has gained traction in the Purpose-Built Student Accommodation (PBSA) market. We explore the firm’s software and hardware offerings, deployments, funding, and financial highlights. Utopi Profile Founded in 2019 in Lanarkshire, Scotland by Ben Roberts, Falk Bleyl, John Trower, and CEO Jonathan Burridge, Utopi Ltd […]
Paxton Access Delivers Solid 2024 Results Despite Tough Market Conditions
In this Research Note, we examine Paxton Access, the UK-based private company manufacturing electronic IP access control and video door entry solutions. This article is based on their 2024 company accounts and press releases, updating our previous coverage of the company in December 2023. Paxton Company Profile Founded in Brighton, UK in 1985, Paxton has […]
Helvar’s Smart Building Focus Strengthens After 2024 Demerger
In this Research Note, we examine Helvar Oy, the Finnish provider of lighting control and sensing solutions, one of four subsidiaries of Helvar Merca Oy, the ultimate parent company. This article highlights the firm’s main solutions, its latest financial results, company reorganization, and business outlook. This updates our previous analysis of the company from July […]
Axis Communications Reports Strong 7.4% Revenue Growth Despite Headwinds
In this Research Note, we examine the Axis Communications video surveillance business. This analysis is based on Axis Communications 2024 Sustainability Report published in June 2025, Canon 2024 Financial Results Presentation, published 30th January 2025, and Memoori analysis. Founded in 1984 with headquarters in Lund, Sweden, Axis Communications offers products and services for video surveillance […]
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