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.

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?

Read this IPVM report for free.

This article is part of IPVM's 6,592 reports, 889 tests and is only available to members. To get a one-time preview of our work, enter your work email to access the full article.

Already a member? Login here | Join now

Related Reports

Proxy Acquires Ring Maker Motiv on Apr 29, 2020
Fresh off of raising $42 million, access startup Proxy has acquired...
Dormakaba Presents Switch Tech Smartlocks on May 01, 2020
Dormakaba presented its Switch Tech smartlock at the April 2020 IPVM New...
Exposing Fever Tablet Suppliers and 40+ Relabelers on Aug 05, 2020
IPVM has found 40+ USA and EU companies relabeling fever tablets designed,...
Openpath Raises $36 Million on Jul 16, 2020
Openpath has raised $36 million as 2020 has become a boom year for access...
Cisco Acquiring Fluidmesh on Apr 09, 2020
Cisco announced it is acquiring niche wireless manufacturer...
Ditek Presents 10 GbE Surge Protection on Apr 23, 2020
Ditek presented its 10 Gigabit Surge Protectors at the April 2020 IPVM New...
Digifort Presents VMS 7.3 with AI Analytics on May 07, 2020
Digifort presented its VMS 7.3 with AI analytics at the April 2020 IPVM New...
Hikvision Buys Baltics' Largest Distributor (BK Group) on Aug 20, 2020
While Hikvision faces global scrutiny over its connections to the PRC...
Genetec and Dahua-Backed Intelbras Split Examined on Jul 29, 2020
China is the cause of the breakup between Canada's and Brazil's largest video...
Motorola Acquires IndigoVision on Mar 17, 2020
Motorola owns Avigilon, an end-to-end video surveillance solution. Now,...
PDQ Presents Cloud Mobile Access Smart Locks on May 04, 2020
PDQ presented its mobile, wireless access system 'pdqSmart' at the April 2020...
WDR Cheat Sheet and Camera Tracking - 30 Manufacturers on Aug 26, 2020
Manufacturers are regularly cryptic about what WDR support they actually...
Proxy Raises $42 Million on Mar 17, 2020
Startup Proxy has raised $42 million, an astounding amount for the access...
Favorite Access Control Manufacturers 2020 on Sep 28, 2020
200+ Integrators told IPVM "What is your favorite access control management...
Integrator Acquisitions 'A Good Market' During COVID-19, Says Greybeards on Jul 28, 2020
Industry broker Ron Davis of the "Greybeards" says that the integrator and...

Recent Reports

ISC Brasil Digital Experience 2020 Report on Oct 23, 2020
ISC Brasil 2020 rebranded itself to ISC Digital Experience and, like its...
Top Video Surveillance Service Call Problems 2020 on Oct 23, 2020
3 primary and 4 secondary issues stood out as causing the most problems when...
GDPR Impact On Temperature / Fever Screening Explained on Oct 22, 2020
What impact does GDPR have on temperature screening? Do you risk a GDPR fine...
Security And Safety Things (S&ST) Tested on Oct 22, 2020
S&ST, a Bosch spinout, is spending tens of millions of dollars aiming to...
Nokia Fever Screening Claims To "Advance Fight Against COVID-19" on Oct 22, 2020
First IBM, then briefly Clorox, and now Nokia becomes the latest Fortune 500...
Deceptive Meridian Temperature Tablets Endanger Public Safety on Oct 21, 2020
IPVM's testing of and investigation into Meridian Kiosk's temperature...
Honeywell 30 Series and Vivotek NVRs Tested on Oct 21, 2020
The NDAA ban has driven many users to look for low-cost NVRs not made by...
Ubiquiti Access Control Tested on Oct 21, 2020
Ubiquiti has become one of the most widely used wireless and switch providers...
Avigilon Aggressive Trade-In Program Takes Aim At Competitors on Oct 20, 2020
Avigilon has launched one of the most aggressive trade-in programs the video...
Mexico Video Surveillance Market Overview 2020 on Oct 20, 2020
Despite being neighbors, there are key differences between the U.S. and...
Dahua Revenue Grows But Profits Down, Cause Unclear on Oct 20, 2020
While Dahua's overall revenue was up more than 12% in Q3 2020, a significant...
Illegal Hikvision Fever Screening Touted In Australia, Government Investigating, Temperature References Deleted on Oct 20, 2020
The Australian government told IPVM that they are investigating a Hikvision...
Panasonic Presents i-PRO Cameras and Video Analytics on Oct 19, 2020
Panasonic i-PRO presented its X-Series cameras and AI video analytics at the...
Augmented Reality (AR) Cameras From Hikvision and Dahua Examined on Oct 19, 2020
Hikvision, Dahua, and other China companies are marketing augmented reality...
18 TB Video Surveillance Drives (WD and Seagate) on Oct 19, 2020
Both Seagate and Western Digital recently announced 18TB hard drives...