Download PDF version Contact company

Allegion plc, a security products and solutions provider, has agreed to acquire ISONAS through one of its subsidiaries. The transaction is expected to close early in the third quarter of 2018, subject to customary closing conditions.

Acquisition of ISONAS

ISONAS has edge-computing technology that provides access control solutions for non-residential markets. ISONAS' devices – like its integrated reader-controllers – utilise power over ethernet, making them easy to install and cost effective as they utilise existing customer infrastructures. The company is based in Boulder, Colo.

By bringing ISONAS into the Allegion family, we’re adding a technology leader with solutions that align well with Allegion’s channel initiatives and add new access technologies to our portfolio,” said Tim Eckersley, Allegion senior vice president and president of the Americas region. “As Allegion continues to drive electronic adoption across our industry, we will also continue to offer more IP wall-based choices that add value for customers.”

Since its founding in 2000, ISONAS has accelerated growth, established strong customer relationships and built a network of certified integrators and committed distributors. Allegion’s global presence, electronics expertise and channel relationships are expected to further expand the reach of ISONAS technology and increase its capacity for growth.

Following the closing of the transaction, ISONAS is expected to operate within Allegion’s Americas region. ISONAS generated approximately $6 million in net sales in 2017. Terms of the transaction were not disclosed.

 

Download PDF version Download PDF version

In case you missed it

What are the most promising new technologies in security?
What are the most promising new technologies in security?

New technology advancements significantly increase efficiency and productivity in any industry, including physical security. Enhanced innovation both creates new products and servi...

Texas State implements KeyWatcher security system
Texas State implements KeyWatcher security system

In 1899, the Texas Legislature authorised the formation of the Southwest Texas State Normal School, which opened in San Marcos four years later. At the time, the school’s mi...

2025 Access Control Solutions: Key trends & Innovations
2025 Access Control Solutions: Key trends & Innovations

Access control solutions will continue their evolution in 2025 as organisations assess and adapt to dynamic and increasingly dangerous threats. Trends to watch include the growing...

Quick poll
Which AI-powered capability will dominate in the years ahead?