Access Technologies News

Allegion plc, a security products and solutions provider has, through its subsidiaries, completed the previously announced acquisition of Stanley Access Technologies LLC (“Access Technologies”) and assets related to the automatic entrance solutions business from Stanley Black & Decker, Inc. for $900 million in cash. Access Technologies is a manufacturer, installer and service provider of automatic doors in North America, primarily in the United States and Canada. Its diversifi...

Consolidation is a dominant trend in the security marketplace. Large companies typically swallow up smaller companies as a means of expanding both their technology portfolios and their geographic reach. Sometimes a big fish is swallowed up by an even bigger fish.   Despite the pandemic and resulting economic challenges, the security market has continued to be a desirable environment for both big players and startups, which then provide abundant acquisition targets for the larger compa...

Working with accurate and detailed product specifications saves time andreduces the possibility of errors throughout a project They’re coming from every angle. Things that zap your company’s profitability: lower hardware margins, escalating labour costs, simply the cost of doing business. So systems integrators have been looking — and finding — new ways to increase revenues. New sources of revenue are emerging from services and even the administration...