Assa Acquires $40 Million Chinese Manufacturer

By: Brian Rhodes, Published on Dec 17, 2014

In this note, we examine the impact of Assa'a purchase of a $40 million Chinese access control manufacturer.

** **** ****, ** examine *** ****** ** ****'* purchase ** * $** million ******* ****** ******* manufacturer.

[***************]

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

**** ***** **** ***** *********** ** ****** * ******* hotel **** ****** ************,**** ********** ****, ***.  ***** ***** ** the **** **** *** been *********, **** ********** Lock ** *** * insignificant **** ** *** China *********** **** ******, reportedly ******* **** **** $40 ******* *** (*** *** *) ** sales ** ****.

Company *******

**** ********** **** ** most ********** *** **'*'*******' ****** ********** **** *** fingerprint **** *****. ***** products *** ******** ** be ***-********* *** ******* powered, *** ********* ******* by *** ********** ****** or * *********** ****. The ***** '******* *******' video ***** ***** **** Digi ** *** **** a ******** *******, *** is *** ************ ** these ********, **** ***********, design, *** ******* **-*****:

**** **** ******* *********, Digi **********'* ***** *** on *** ******* ****. For *******,*** *******'* **** ***** shows**** ******** *** ** purchased *** **** **** $200 ***, * ******** of *** **** **** US ******** *** ******** products ***.

Market ******

**** ** ***** ** the ********** ****** ******, we ****** **** ******** to **** ****** ******. Even ****** *** ***** lock *****, ****'* ******** portfolio ** ********* ******** a **** ***** ************* ****** ***********, ***************** ********** **** *********** ****** share ******* ** ****.

** ****** *** ******** of **** ********** **** essentially **** ******* *********** **** a ********* ****, **** a ****** ************* ** DEL ******* **** ** existing *********** ***** ****** than ********* ********** ** a ******** **** ***** new *********.

*** *** ****** ******** access ******* ******, **** purchase **** *** ****** change ***** ******** ** product *********.

Comments (1)

I wonder if Assa bought them to simply slowly shut down a competitor after assimilating the market share?

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports

Fail Safe vs. Fail Secure Tutorial on Oct 02, 2019
Few terms carry greater importance in access control than 'fail safe' and 'fail secure'. Access control professionals must know how these...
Dahua, Hikvision, Huawei US Ban Rules Released on Aug 08, 2019
The US government has released rules on how the 2018 NDAA ban of Dahua, Hikvision, and Huawei will be implemented when it takes effect in 5...
Responsibility Split Selecting Locks - Statistics on Jul 22, 2019
A heated access debate surrounds who should pick and install the locks. While responsible for selecting the control systems, integrators often...
Motorola Acquires Watchguard, Adds to Vigilant And Avigilon on Jul 15, 2019
2 years ago, Motorola had no position nor relevancy to video surveillance. Now, they own major video surveillance, LPR and body camera providers...
Maglocks Usage Statistics 2019 on Jul 01, 2019
Maglocks divide access control specifiers perhaps more than any other component. Many are concerned about life safety codes, but others cite...
ADT Eliminating Acquired Brands, Unifying Under 'Commercial' Brand on Jun 14, 2019
ADT is eliminating the brands of the many integrators it has acquired over the past few years, including Red Hawk, Aronson Security Group (ASG),...
OpenALPR Doubles Prices on Jun 06, 2019
There is no 'race to the bottom' in cloud / AI video surveillance. In May, Verkada increased their prices. Now, OpenALPR is doing the same with a...
"New" Arecont Fixes Failures "Without A Fight" on Jun 05, 2019
The "old" Arecont was infamous not only for its camera failures but for making their "partners" fight to get them fixed. IPVM drew the ire of...
Pelco Sold Off, Now Independent on May 28, 2019
Pelco has been sold off by Schneider Electric, completing Schneider's terrible tenure, but giving Pelco a chance at life. IPVM spoke with...
Access Control Job Walk Guide on May 22, 2019
Significant money can be saved and problems avoided with an access control job walk if you know what to look for and what to ask. By inviting...

Most Recent Industry Reports

US DoD Comments on Huawei, Hikvision, Dahua Cyber Security Concerns on Oct 16, 2019
A senior DoD official said the US is "concerned" with the cybersecurity of Hikvision, Dahua, and Huawei due to "CCP" (China Communist Party)...
Pelco Sarix Pro3 Camera Tested on Oct 16, 2019
Pelco has released their Sarix Professional Series 3 cameras, claiming "more security detail in challenging scenes with excellent low light and...
IPVM Camera Calculator User Manual / Guide on Oct 16, 2019
Learn how to use the IPVM Camera Calculator. The guide below includes instructions, images, gifs, and videos demonstrating and explaining the...
Altronix Claims Tango 'Eliminates Electricians' on Oct 15, 2019
Power supply provider Altronix claims its new Tango power supply 'eliminates the need for an electrician, dedicated conduit and wire runs'. In...
Pelco CEO Out, Seeking New Industry CEO, New CEO Found on Oct 15, 2019
Just 2 months after Pelco was sold, Pelco's CEO is out, with Pelco bringing in an outside President and searching for a new CEO from the industry,...
Hikvision Dissolves North American Business Unit, Splits Canada and USA on Oct 15, 2019
Hikvision has dissolved its North American Business Unit, splitting up US and Canada operations as the PRC-government owned manufacturer faces...
Camera Focusing Tutorial on Oct 14, 2019
Camera focus is fundamental to quality imaging. Mistakes can significantly reduce details, making cameras less effective. In this guide, we...
"UL Has Blood On Their Hands" Alleges The Interceptor / Keith Jentoft on Oct 14, 2019
"UL has blood on their hands" alleges Keith Jentoft of "The Interceptor Project". We examined The Interceptor in-depth last year, see: The...
Access Control Course Fall 2019 - Last Chance on Oct 14, 2019
Register Now - Fall 2019 Access Control Course. Thursday, October 17th is the last day to register. IPVM offers the most comprehensive access...
Axis HD Analog Encoder Tested on Oct 11, 2019
Two years after declaring "Everything is IP", Axis has released their first HD analog encoder, the P7304, with support for AHD, CVI, TVI, and SD...