Physical Security Industry
Mobotix Video Security Business & 2023 Financials Examined
August 7th, 2024Consolidation in the Critical Event Management & Mass Notification Software Market
July 18th, 2024
Halma Fire Safety Businesses & 2024 Financials Examined
This Research Note examines the fire detection and suppression businesses of Halma plc, part of the Safety Sector of the UK public company. This analysis is based on financial releases, investor presentations, year ending 31 March 2024, announced on 13th June 2024, and Memoori analysis of the major companies and estimated revenue mix of the […]
Gorilla Technology Group Business & 2023 Financials Examined
In this Research Note, we examine Gorilla Technology Group, the London, UK-headquartered security convergence business, based on their 2023 financial results, Annual Report, and investor presentation, June 2024. The Gorilla Technology IPO, was completed in July 2022, through a SPAC merger with dedicated “blank check company” Global SPAC Partners Co. Gorilla Technology Group Inc. (Nasdaq: […]
Irisity Video Analytics Business 2024 Examined
In this Research Note, we examine Irisity AB, a Swedish provider of AI-powered video analytics solutions. This analysis highlights their financials based on the 2023 Annual Report, the acquisition of Ultinous announced in February 2024, and the subsequent streamlining of group operations. Irisity AB is a public company listed on Nasdaq First North Growth Market. […]
What’s Behind the Sale of Johnson Controls Air Distribution Business?
Johnson Controls has announced plans to sell its Air Distribution Technologies business, which it acquired in 2014 for $1.6 billion, for an undisclosed amount to Los Angeles private equity firm Truelink Capital. The transaction is expected to close in the second half of 2024 and marks another step in a broad transformation of the pure-play […]
Axis Communications Video Surveillance Business & 2023 Financials Examined
In this Research Note, we examine the Axis Communications video surveillance business. This analysis is based on Canon’s 2023 Results Presentation 30 January 2024, Axis Communications 2023 Sustainability Report, 22 May 2024, and Memoori analysis. Founded in 1984 with headquarters in Lund, Sweden, Axis Communications offers products and services for video surveillance and analytics, access […]
iLOQ Digital Locking Business & 2023 Financials Examined
In this Research Note, we examine the Finnish digital locking company iLOQ. This article is based on the financial statements and the 2023 Annual Report of Capnor Weasel Bidco Oyj, iLOQ’s parent company, and coverage of their activities in the last year. Founded in 2003, iLOQ is a Finnish specialist in the mechatronic locking sector. Based […]
What’s Behind the Acquisition of Cobalt Robotics by Dean Drako?
This Research Note examines what’s behind the acquisition of Cobalt Robotics by Dean Drako, announced on 4th June 2024. We review the development of Cobalt, the strategic rationale of the acquisition, and the accelerating trend of robotic technologies as a mainstream security solution. Cobalt Robotics Acquisition Founded in 2016 in Fremont, California Cobalt Robotics develops […]
ASSA ABLOY Global Technologies Division & 2023 Financials Examined
This Research Note examines the Global Technologies Division of ASSA ABLOY, the Swedish global access control group with the largest installed base of locks and different access solutions in the world. Our analysis is based on ASSA ABLOY’s 2023 Annual Report, their Capital Markets Day Presentation, 14th May 2024, and subsequent acquisitions in 2024. ASSA […]
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