Brivo Bought Out by Drako for $50 Million
Author: John Honovich, Published on Jun 11, 2015
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Comments (9)
Jonathan Lawry
I would be curious to see what now becomes of Brivo Labs. This is their unit that does "cool" stuff like Google Glass integration, Apple's iBeacon for access, and overall social media integration.
This has always struck me as more of an expensive recruitment and PR effort, to make Brivo an attractive place to work for 20-something DC-area techies who didn't move to Silicon Valley, than a serious investment in salable product. Has any Brivo Labs creation seen actual deployment?
I would think that a Bell Labs/Skunkworks group would be a bit of a money pit for a small company, and I would not be surpised if Drako now shuts it down or scales it back.
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John Szczygiel
[Mod note: Poster is COO of Brivo]
Hi John,
Here is the answer to your question...Brivo Labs will continue to exist from a thought leadership perspective. Productization of some of the innovations developed in Brivo Labs are already being incorporated into Brivo Inc.
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Undisclosed Integrator #1
"Access control acquisitions are relatively uncommon."
Why is that? It seems like a natural add-on to a manufacturer's portfolio. Is there just not enough margin to make it attractive? Are all of the companies that are acquisition worthy already scooped up? I don't do enough card access to be well-informed on this.
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Undisclosed Manufacturer #2
I have to ask: What about Brivo labs makes it a thought leader? Outside of Brivo employees, I have never heard anybody refer to Brivo Labs as a "thought leader".
If anybody not affiliated with Brivo has a solid argument to the contrary I'm all ears.
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