Onity News

Big news on the mergers and acquisitions (M&A) front is closing out 2024, a year in which several shifts changed the face of the physical security manufacturer community. Announced in December, German giant Bosch Group is selling its Building Technologies division’s product business for security and communications technology to the European investment firm Triton.  Bosch division selling to Triton  The transaction encompasses three business units – Video, Access and...

Onity, a global pioneer in electronic access solutions and mobile credentialing and a Honeywell brand, announces the expansion of its partnership with Extra Space Storage, Inc., the largest self-storage company in the United States. Onity and Extra Space Storage are advancing storage unit access across the country with next-generation mobile access technology, allowing customers to enter storage units quickly and safely without a traditional lock and key.  Onity's Passport locking solutio...

The sale of Carrier’s Global Access Solutions to Honeywell in December amounted to a dramatic finish to a big year in 2023 for mergers and acquisitions (M&A) in the physical security market. In the transaction between two industry giants, Honeywell sought to enhance and strengthen its building automation capabilities with the acquisition of Carrier’s Global Access Solutions business for $4.95 billion, in an all-cash transaction. Honeywell acquires Carrier Access business ...

Honeywell announces plans to enhance and strengthen its building automation capabilities with the acquisition of Carrier Global Corporation’s Global Access Solutions business for $4.95 billion, in an all-cash transaction. This acquisition will enable Honeywell to become a provider of security solutions for the digital age. The acquisition, which includes both hardware and software solutions, further supports Honeywell’s recently announced plans to align its portfolio to three compe...

Honeywell plans to enhance and strengthen its building automation capabilities with the acquisition of Carrier Global Corporation’s Global Access Solutions business for $4.95 billion, in an all-cash transaction. The acquisition, which includes both hardware and software solutions, further supports Honeywell’s recently announced plans to align its portfolio to three compelling megatrends: automation, the future of aviation, and energy transition, underpinned by robust digitalis...

ACRE, a global provider of security products and solutions for the access control, intrusion, smart traffic and video surveillance markets, has announced the appointment of Ronald Virden as Chief Operating Officer, effective April 1, 2018. With extensive experience in senior leadership roles with global entities, Virden will help to elevate ACRE’s position in the electronic security marketplace, seek new opportunities for growth, and strengthen the momentum following recent strategic deals...

The BlueDiamond mobile ecosystem is a complete cloud-based service with a smartphone app and Bluetooth readers Mobile devices are changing how people access hotel rooms, office buildings and even their homes. At the forefront of the movement to make security products more accessible on the go, brands like Lenel and Interlogix are delivering innovative mobile solutions that add to end-user convenience, safety, and security. Both brands, alongside Supra and Onity, will be on-han...

Onity, a leading provider of electronic locks for more than 30 years, has launched Qing® Solutions, an innovative, new wearable device that enables hospitality and cruise ship guests to make payments and access their rooms and other access-controlled spaces from a smart bracelet. Wearable payment & access control technology Designed to enhance the guest experience and provide hotels and resorts with an advanced and effective way to increase customer satisfaction and loyalty, Onity&rsqu...

SNGTM takes a broad look the latest research, and commercial and industrial market trends in the security industry The Security Industry Association (SIA) has announced the agenda for Securing New Ground® (SNGTM), the security industry’s top executive conference, scheduled for Oct. 28-29, 2015, at the Millennium Broadway Hotel in New York City. The SNGTM 2015 This executive forum takes a comprehensive look at the state of the security industry, the latest research,...

UTC is exhibiting Interlogix’s Advisor, IFS, and TruVision Navigator 5 at ISC West 2013 UTC Climate, Controls & Security, a unit of United Technologies Corp., unveiled a suite of innovative security products from its market-leading brands designed to protect people, property and assets of residential and commercial customers at the International Security Conference & Exposition (ISC West) in Las Vegas. UTC Climate, Control & Security is a leading provider of...

Mark Barry and Kelly Romano will serve their best to upgrade results at UTC UTC Fire & Security has announced changes to its senior leadership team. Mark Barry has been appointed President, Global Fire Products, succeeding Scott Buckhout, who was appointed President, UTC Fire & Security in late-March. Kelly Romano will succeed Barry as President, Global Security Products; both appointments effective immediately. UTC Fire & Security is a unit of United Technologies Corp.Barry joi...

Onity's in-room safeIn line with its commitment to delivering best in class security products that customers can depend on, UTC Fire & Security announced that it will offer its comprehensive range of security products through four primary brands - Interlogix, Lenel, Supra and Onity. UTC Fire & Security is a business unit of United Technologies Corporation.This follows an announcement in March 2010 that UTC Fire & Security had acquired GE Security. UTC Fire & Security operates thr...