Assa Abloy Acquires Access Management Platform Averics

By Brian Rhodes, Published Dec 11, 2020, 08:30am EST

Assa Abloy is access control's largest hardware company with vast numbers of access software partners and resellers. Now the company has bought its own access management company, Averics.

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While Averics is not well known, we have been tracking Averics and they presented at our 2020 access control online show. Plus, we have feedback from Assa Abloy on the acquisition.

Inside this note, we examine the deal, contrast the two, and look at the potential fit for Assa.

Averics **********

******* ***** *******, *** ******* ** 2011 ** **** ******* Executive****** *****. ****** *******, ***** was *** **-******* ** a ***** ********** *******. The ******* ****** ****** ** ********.

**** ********* *** ********** will ****** **** *** company *** *** ******** team **** ******** ** be ******* *****.

******* ********** ********* ********** ******** ******* **** ** * cloud-based ****** ********. *******, the ******* *** ***** developed ** **-******* ******* that ****** *** **** user ******* *********.

*** ******* ********* *** platform ** ****'* ****** Control ********* ** ****, which *** ** ******* below:

Assa *********** ****** ** ******* *******

*** ******* ********* ** would ** ************* ** a '******** ****** ** excellence' *** **** ********** software *** *** *** license ***** ** ******* 31st ** ****, ** an ***** **** ********:

* ** ******* ** inform *** **** ******* Systems ***. *** ******** acquired ** **** ***** Opening ********* ********. ********* immediately, *** ******* **** will ********** ** ******* the *********** ** * regional ****** ** ********** for **** ********** ********.

******** ***** ******* **** continue ** ** *********, including *** ********* ** these *******. ** ****, however, **** ******* *** licenses ** *** ** and ****** **** ******* 31, ****. ** *** have *********** ****** *** systems *** ** ** delivered ** **** *********, please ****** ** ** soon ** ********.

*** **** ****** ******** systems '**** ******** ** be *********' **** **** date.

Assa ******** *** ****

**** ********* ** **** what *******' **** ** a '******** ****** ** excellence *** **** ********** software' **:

*** *********** ** ******* supports *** (**** *****’*) ambition ** ******* * Center ** ********** *** lock ********** ******** *********** in *** ********. *** Center ** ********** **** help ** ******* ********* for ******* *** ************ that ********** *** ******** and ********* ********* ********* by *** *** *** partner *********.

Averics ********** **** ***-**** ****** *********

*************, *** ** ******* main ****** ** **** it ***** **** ******** hardware ******* *** ***** by ****.

******* **** *** ******* its *** ********** ********, instead ******** ****** ********** software **** *** *** a ******* ** ******** brands.

*** ***** ******** ********** with **+ ******** ******, including**** ****** ***********,******, ********** *******.

**** **** **** **** they **** ******** ** be ********:

**** ***** ******** *** partners **** **** ***-**** ABLOY ********* *****, *** will ******** ** ** so.

******* **** ** ********** with (*** ****** ****'*)*** *** ******* **************** *** *** **** listed ** **'*** ********* ****** *******' since ****, ***** ********* **** each ***** *** ****** API ******* *** ******** components ** ******* ** HID's ********** ******** ********.

Impact ** ***** *** *******

*** '******' ****** *********** (and **** ********) **** Brivo *** *******, ****'* Averics *********** ** ******** to ** * *********** factor *** ****** ** the ***** ****.

******* *** * ********** small ******* **** *** the *******'* ********* *** rather ****** ******/********* ******* have ******* ** ** resellers ****** **** ******** security ***********.

** ********, ***** *** Feenics' ******** ******* ** focused ** *** ******** channel **** *******/********** **** a ******** ******* ** selling ****** ** * core ********. ** ***** of ***** ***********, * security ******* ***** ******** to *** ***** *********** by ******** ******* **** win **** **** **** an **-******* ********.

*******, *** **** **** picture ** *******, ************ how **** ******* ** use ******* ** * software ******** **** *****, Feenics, **. ** ***** compete *******.

Assa ******* ****** ********** ******** ********

** ****** *** ********* impact ** *** **** to ** ***** *** partners, *** **** **** acquisition, **** ** *** acquiring ******* *** ***** hardware ******** (*.*., ******* Security ** ***) *** instead **** * ******** company **** *** ************* competed **** *** *********.

**** ***** ** **** have ********* ******* ********-**** access ********** ********* :

**** ***** *** * similar ******** *** ******** development **** ******* (**** 18 *****) *** ******** (over **** *****). ** also **** **** * decade ** ********** ** supporting **** ********** ******** packages, **** ** **** and ****** **.

*******, ***** ******** *** not ******* ** ******* typical ************. **** ***************************** *** ******** **** specific ******' (******* *** Yale, ************) ********, *******, and *********** ******* *****. Medeco's************* ***** ******** ********** **** are **** ** ****** outside *** ****** ********** focused ******* ****** ****** of *******.

Outlook *** ****/*******

****/****

Comments (2)

********* ***********. ********* ** brings *** ****** ********** for ****** ******* *******.

** **** ** *********** to *** **** *** and ******* *** ******** think ** ****. ***** I ***'* ***** *** product ******** **** *** other ******* ******** ** this **** * ***** see **** ** **** question *** **** *** long **** *********. * say **** ******* **** Allegion ********* ****** * heard ******** **** * number ** ******** *** partners *** **** ********* about ***** **** **** goals. * **** ***** this **** ******** ******** invested **** ********.

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