Tag: Assa Abloy
HID, ASSA ABLOY recognized with Red Dot Award
July 8, 2025SSN Staff
AUSTIN, Texas — HID and ASSA ABLOY announced that their self-boarding biometric eGate — the BG100 Speedgate — has received a Red Dot Award: Product Design 2025 in the interior design elements category.
The BG100 Speedgate is a next-generation solution that integrates the HID Facepod and document reader with ASSA ABLOY’s Speedgate.
At the core of the BG100 Speedgate is the HID Facepod, a facial recognition solution featuring an advanced camera system and algorithms, intuitive...
ASSA ABLOY acquires Kingspan Door Components
June 30, 2025SSN Staff
STOCKHOLM — ASSA ABLOY has acquired Kingspan Door Components, a Belgian manufacturer offering a large range of door panels for sectional doors for both residential and industrial applications.
"I am very pleased to welcome Kingspan Door Components to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY.
"Integrating...
ASSA ABLOY navigates U.S. economic climate
May 9, 2025Ken Showers, Managing Editor
STOCKHOLM — ASSA ABLOY plans to increase prices between 1% and 2% this year in the face of an uncertain economic climate in the U.S., company officials said during a recent webcast.
During the Q&A portion of the webcast, ASSA ABLOY President and CEO Nico Delvaux said, with the threat of tariffs altering the global economic landscape in a chaotic and shifting manner almost daily, it was difficult to provide guidance but that price increases would be part of mitigations, among other...
An uncertain political climate
February 13, 2025Ken Showers, Managing Editor
STOCKHOLM — ASSA ABLOY CEO Nico Delvaux believes the company’s “decentralized organization” will help it weather an uncertain political climate that includes U.S. tariffs on steel imports.
“I would say we also continue to live in an uncertain political climate where potential tariffs come and go,” Delvaux said during a recent conference call to discuss the company’s fourth quarter financial results. “That's something we have to live with...
ASSA ABLOY acquires U.S.-based InVue
January 29, 2025SSN Staff
STOCKHOLM—ASSA ABLOY recently announced the acquisition of InVue, a U.S.-based provider of precision-engineered connected asset protection and access control solutions.
InVue enables tailor-made security solutions to a broad spectrum of industries and retailers. The company was founded in 1986 and has some 260 employees, with its main office located in Charlotte, N.C.
"I am very pleased to welcome the InVue team to ASSA ABLOY. This acquisition delivers on our strategy to grow our...
PSA Network unveils 2025 P3 partners
January 9, 2025SSN Staff
WESTMINSTER, Colo.—The PSA Network, the world’s largest consortium of professional systems integrators, has announced the 25 members of the PSA Partner Program (P3) for 2025.
The P3 program is a performance-driven initiative tailored for technology partners, evaluating and categorizing them based on criteria reflecting their impact and achievements within the network.
Partners meeting the annual sales threshold are assessed using a weighted scale. Their cumulative scores...
Mission 500 announces 2025 Board of Directors
January 9, 2025SSN Staff
MIAMI—Mission 500, the security industry’s nonprofit charity dedicated to supporting children in need across the U.S., Canada, and Puerto Rico, has announced several key updates to its Board of Directors.
Jason Lutz, previously treasurer, has been named chair, succeeding co-chairs Tracy Larson and Janet Fenner. Board member John Nemerofsky has been named treasurer, and Garrett Savage, secretary, succeeding Sarah Flanagan.
“I want to sincerely...
ASSA ABLOY acquires 3millID and Third Millennium
January 8, 2025SSN Staff
STOCKHOLM—ASSA ABLOY announced it has signed an agreement to acquire 3millID and Third Millennium, companies that provide readers and credentials for physical access control based in the U.S. and U.K.
Founded in 2015 and headquartered in Highlands Ranch, Colo., 3millID is a solutions provider of proprietary access control readers and technology-enabled products to enterprise end customers in North America. Third Millennium, founded in 1996 and based in Wales, U.K., is a provider of...
ASSA ABLOY acquires Norshield Security Products
December 18, 2024SSN Staff
STOCKHOLM — ASSA ABLOY has announced the acquisition of Norshield Security Products (“Norshield”), a U.S. manufacturer of high-security openings and enclosures.
Norshield was founded in 1981 and has some 70 employees. The main office and factory are located in Montgomery, Ala.
"I am very pleased to welcome Norshield into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products...
ASSA ABLOY acquires Finland’s 9Solutions
December 3, 2024SSN Staff
STOCKHOLM—ASSA ABLOY has announced the acquisition of 9Solutions, a Finnish provider of highly integrated AI-powered real-time locating healthcare solutions for critical communication and collaboration, with a focus on senior care.
This is the second acquisition for ASSA ABLOY in as many days after adding U.S. manufacturer Premier Steel Doors and Frames to its portfolio on Dec. 2.
"I am very pleased to welcome 9Solutions into the ASSA ABLOY Group, an exciting technological addition...