Skip to Content

Tag: Allegion plc


Allegion acquires Unicel Architectural

Suppliers

Allegion acquires Unicel Architectural

June 11, 2024SSN Staff

DUBLIN — Allegion plc, a global security products and solutions provider, through one of its subsidiaries, has acquired Unicel Architectural Corp. (Unicel Architectural). Based in Quebec, Canada, Unicel Architectural is a manufacturer of advanced glass, timber and aluminum building solutions that support privacy, safety, energy efficiency and sustainability for North America. The Unicel Architectural portfolio is primarily sold across Canada and the U.S. and installed in healthcare, education,...

Allegion plc, Dave Ilardi, Manufacturer, Mergers & Acquisitions, Samuel Doyon-Bissonnette, Unicel Architectural, Vincent Couturier


Read Full Articlered right arrow icon

John H. Stone

Monitoring

Allegion Ventures invests $20 million in Ambient.ai

October 30, 2023SSN Staff

CARMEL, Ind.—Allegion Ventures, the corporate venture fund of Allegion plc, has made a $20 million investment in Ambient.ai, an artificial intelligence-powered computer vision intelligence (CVI) company. Based in San Jose, Calif., Ambient.ai applies AI and CVI to existing security camera infrastructure, allowing their platform to deliver near human-level visual perception that analyzes actions and situational context to create efficient and accurate threat detection. Allegion...

Allegion plc, Allegion Ventures, Ambient.ai, John H. Stone, Rob Martens, Shikhar Shrestha, Vikesh Khanna


Read Full Articlered right arrow icon

Allegion Q1 results, “Robust Demand” for NA non-residential business

Suppliers

Allegion Q1 results, “Robust Demand” for NA non-residential business

April 26, 2023Ken Showers, Managing Editor

DUBLIN – It’s been a strong start to 2023 for Allegion plc as the company released its first quarter financial results during this week’s scheduled earnings call. The company posted an organic revenue growth of 15 percent, with electronics growth for the quarter exceeding 30 percent in the Americas. Allegion's cash generation improved significantly over last year and has raised outlooks on revenue, EPS and cashflow as a result. In the call Allegion President and...

2023, Allegion plc, Earnings Call, electronics, First Quarter (Q1), John Stone, non-residential, portable security, Residential


Read Full Articlered right arrow icon

Also Noted

Allegion Ventures five-year anniversary marked by investment in Latchel

March 8, 2023SSN Staff

CARMEL, Ind. – Allegion plc corporate venture fund, Allegion Ventures, is celebrating their five year anniversary with a new addition to their portfolio. Latchel is a property management maintenance software that Allegion says underscores its commitment to accelerating the growth of innovative companies. It joins several other focused investments centered around technology that bridges physical and digital security and enhances user experiences. “At the core of this investment is...

Allegion plc, Allegion Ventures, Digital Security, Ethan Lieber, John Goodwin, Latchel, Physical Security, property management


Read Full Articlered right arrow icon