Tag: Assa Abloy

STOCKHOLM — ASSA ABLOY has signed an agreement to acquire SKIDATA, an international provider of access management solutions. "I am very pleased to welcome the SKIDATA team into the ASSA ABLOY Group. This acquisition delivers on our strategy to grow our business in mature markets through adding complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY. "SKIDATA's attractive product portfolio and strong performance...

STOCKHOLM — ASSA ABLOY posted strong numbers for the second quarter, thanks to savvy acquisitions, but interest rates and below expectation housing starts resulted in another weak showing for the company’s residential business.   Big picture  By the numbers, the company posted a net sales increase of 10% to SEK 37,968 M (34,474), with organic growth of -1% and acquired net growth of 11%.   “Good sales growth in EMEA and Americas from an organic...

STOCKHOLM — ASSA ABLOY announced that it has acquired Wesko Locks Ltd, a Canadian manufacturer and supplier of electronic and specialty locks. This acquisition marks the latest for ASSA ABLOY who also acquired access control developer and manufacturer Messerschmitt Systems in April, as well as wi-fi access and engagement platform solutions providers Nomadix and Global Reach in March this year. ASSA ABLOY’s aggressive acquisition strategy recently put it at odds with the U.S. Department...

SILVER SPRING, Md. – The Security Industry Association (SIA) has announced the first-ever Security Industry Community Service Day, an initiative created by the SIA Environmental, Social and Governance (ESG) Advisory Board to rally the entire security industry to give back and make the world a better place. The 2024 Security Industry Community Service Day, supported by event sponsors ASSA ABLOY and HID – will take place on Friday, June 7, and the event will be held on the first Friday...

STOCKHOLM – As challenges continue to mount in the residential security market in the U.S., ASSA ABLOY is making sure it “adapts cost to the new reality,” says President and CEO Nico Delvaux.  “It's clear that we continue to operate in an uncertain economic climate,” he said. “As I said in previous quarters, we will continue to take advantage of those opportunities we see in the market. There are still regions where we see very good momentum. There...

IRVING, Texas – ALCEA, formerly ASSA ABLOY Global Solutions – Critical Infrastructure (AAGS-CI), has announced an agreement with Houston-based LRG Inc. As the internal systems integrator partner across the ASSA ABLOY ecosystem, ALCEA said it offers partners a comprehensive assortment of security solutions and access management systems. Ranging from security hardware, locks, and devices, to key management and access control systems, solutions that can be customized, digitalized and...

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...

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...

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...

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...