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Tag: Emtek


Janam Technologies acquired by ASSA ABLOY

Commercial

Janam Technologies acquired by ASSA ABLOY

December 27, 2022SSN Staff

STOCKHOLM – The U.S.-based Janam, a provider of handheld mobile computer and readers, has been acquired by ASSA ABLOY. Terms were not disclosed.  The announcement made on Dec. 27 will enhance the company's Home Improvement Division’s (HID) event access portfolio, ASSA ABLOY said, and will now include handheld readers for ticket scanning using barcode and RFID technology, including NFC. "We welcome Janam to the HID family and look forward to leveraging their mobile...

Assa Abloy, Björn Lidefelt, Emtek, event access, Home Improvement Division (HID), Janam, NFC, Nico Delvaux, RFID, Smart Residential, Spectrum


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ASSA ABLOY completes sale of Emtek and Smart Residential towards HHI acquisition

Residential

ASSA ABLOY completes sale of Emtek and Smart Residential toward HHI acquisition

December 2, 2022SSN Staff

YARMOUTH, Maine – On Dec. 2 ASSA ABLOY announced that it has entered into binding agreements with Fortune Brands Home & Security with regard to the sale of its Emtek and Smart Residential businesses. Following ASSA ABLOY’s bid to acquire Spectrum Brands HHI (Home and Hardware Improvement) division, the U.S. Department of Justice (DoJ) filed an antitrust lawsuit to block it on Sept. 15, 2022. As part of efforts to clear a path for the acquisition ASSA ABLOY moved to divest...

Assa Abloy, Emtek, Fortune Brands Home & Security, Jonathan Kanter, Nico Delvaux, Smart Residential, Spectrum Brands HHI, U.S. Department of Justice (DOJ)


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