Tag: Assa Abloy
Essence Security partners with ASSA ABLOY division to bring solution to French security market
April 16, 2024SSN Staff
HERZLIYA, Israel – Essence Security, a part of the Essence Group, announced its collaboration with Point Fort Fichet, France’s leading locksmith network and a subsidiary of ASSA ABLOY.
The partnership aims to distribute and implement Essence’s MyShield connected smoke-generating intruder prevention solution across France. MyShield is available for private properties, retail establishments and small businesses.
The Essence Group believes that a rising amount of break-ins in...
PSA Network unveils 2024 P3 partners
April 3, 2024SSN Staff
WESTMINSTER, Colo.—The PSA Network, the world’s largest consortium of professional systems integrators, has announced the PSA Partner Program (P3) members for 2024.
The P3 program is a performance-based initiative designed for technology partners. It assesses and categorizes partners according to a set of criteria that mirror their achievements and impact within the network.
Partners meeting the minimum annual sales threshold undergo evaluation on a weighted scale. The cumulative...
ASSA ABLOY acquires Nomadix and Global Reach
March 29, 2024SSN Staff
STOCKHOLM – ASSA ABLOY has signed an agreement to acquire Nomadix and Global Reach, U.S. and UK-based providers of Wi-Fi access and engagement platform solutions for the hospitality and commercial real estate industry.
The companies offer a comprehensive tech platform of hardware, software and analytics tools to securely connect and engage with customers and devices via Wi-Fi networks.
"I am very pleased to welcome Nomadix and Global Reach into the ASSA ABLOY Group. This...
Ajax Systems and Yale announce partnership
February 23, 2024SSN Staff
KYIV, Ukraine – Ajax Systems, a European security systems manufacturer, has unveiled its partnership with ASSA ABLOY Group member Yale, a smart home security solutions provider.
In a release Ajax said that this partnership enhances its users’ convenience, allowing them to manage Yale Smart Locks directly from the Ajax Security System app. Through a Cloud-to-Cloud connection, users can lock and unlock their doors and check lock status within the app. The integration offers advanced...
Cupid de Locke
February 14, 2024Ken Showers, Managing Editor
It’s Valentine's Day and I’d love to mention that I have a sweetheart of a topic to share this week, but I’m sorry to say it’s left me a little brokenhearted.
Since the beginning of February, I’ve been watching a lot of Q4 2023 reports roll out and while we can still safely call it the year of AI, it’s also the year of the residential security market falling flat on its face. I talked about this a bit in my last blog post where I discussed ADT...
ASSA ABLOY sees strong performance in commercial, but residential still challenging
February 7, 2024Ken Showers, Managing Editor
STOCKHOLM – While ASSA ABLOY reported strong gains in its commercial business in the fourth quarter, there's a clear drag on profits in its residential business.
It was a strong quarter in many respects for the global manufacturing company, managing a total of six acquisitions in the quarter, and a record number of acquisitions for the year. Several of those acquisitions were in the South American market, where ASSA ABLOY President and CEO Nico Delvaux said the company continues...
ASSA ABLOY acquires Amecor, sets date for Q4 report
January 29, 2024SSN Staff
STOCKHOLM – ASSA ABLOY has signed an agreement to acquire Amecor (Pty) Ltd, a South African manufacturer of security communications equipment.
"I am very pleased to welcome Amecor into the ASSA ABLOY Group. This constitutes a next step in our strategy to further strengthen our position in this important market,” said Nico Delvaux, president and CEO of ASSA ABLOY.
"The Amecor team has a 30-year history in the South African security sector with a suite of reliable...
ASSA ABLOY acquires Securitech Group
October 4, 2023SSN Staff
NEW YORK – ASSA ABLOY has acquired the Securitech Group, a manufacturer of high-security mechanical and electronic door hardware products in the U.S.
"I am very pleased to welcome Securitech into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” said Nico Delvaux, president and CEO of ASSA ABLOY.
Securitech was established in 1983 and has roughly...
ASSA ABLOY acquires Brazil-based Inovadoor
October 3, 2023SSN Staff
STOCKHOLM—ASSA ABLOY announced it has acquired Inovadoor Portas Industriais Ltda, a Brazilian manufacturer of sectional and high-speed doors.
"I am very pleased to welcome Inovadoor into the ASSA ABLOY Group. This acquisition delivers on our strategy to reinforce our current offering within entrance automation in emerging markets,” said Nico Delvaux, president and CEO of ASSA ABLOY.
“By leveraging Inovadoor’s local manufacturing capabilities, nationwide reach, and exceptional...
ASSA ABLOY holds Q2 presentation, announces acquisition of Evolis
July 19, 2023Ken Showers, Managing Editor
STOCKHOLM – ASSA ABLOY preempted its second fiscal quarter 2023 presentation with the news that the company would be acquiring Evolis through its subsidiary HID Global.
The news came roughly an hour before the company’s quarterly presentation detailing their intent to purchase approximately 98.5 percent of shares from the French manufacturer of ID card printers and consumables. "This operation is a tremendous development opportunity for our two groups," Evolis CEO Emmanuel Picot...