Lenel President Is Out (Now At ACRE)

Published Apr 20, 2017 10:19 AM

IPVM ImageLenel's challenges continue.

Now, Lenel's President is out, suddenly.

This follows increasing challenges for the company who has broadly upset its partners, and admitted defeat on its VMS offering, now re-selling Milestone.

Inside this note, we examine the move and what is next for Lenel.

Update Feb 2018: now at ACRE.

President ***

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

****** ****** [**** ** ****** *********], the ********* ** ***** ***, **** broadly, *** ******** ********, ********** ****** solutions ** *** *** *** **** few ***** ** ***. ** *** been ** *** ***** / **** the ****** ******** ***********.

*** **** *** ********** ***, *****, unannounced. ** ** *** ***** ** Virden **** ** *** *******.

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

*** *********** ** **** ******* [**** no ****** *********], *** ** *** VP & **, ****** ******** ******** at ***. ******* ** * *** veteran ** **** **** * ******, however, ** ** ********** ******* *** inexperienced ** *** ******** / ********** access ******* ****.

******* ** ******** ****** ** ** was ** ********* ** *** *** Climate ******* ****, ******** ******* ************** ********* ** ******* *** * move ** ******, ***********'* **** *********** ******* ** *** **.

*******************

****** *** * *** ****** ** the ****** ** '*******' ***** ** its ****** ***** *** ********, ********* to *******, *** *** **** ******* hard ** *** *** **** ******** inside ** *****.

*** **** **** ** ** *** is ******** *** * **** ****, since ** ********* ** ****** **** for ********* ****** ** *** ****** out ******* *** ********** *** ***********.

***** / *** ******** ******* ****.

Problems *******

** ** ******* ******* ******** *****, ***** **** *** Care, ***** *** **** ***** **** problems, **** **** ** *******, ** lack ** ******** *******, ** ******** with *****'* ***** ********** ******, ***** attrition (*****, ** ******, **** **** makes *****), *** *** *********** ** being ****** ** ** ***** ***** it ** **** ** ******* ********** access ******* *******.

Poll / ****

No *********** ******** ******

*** ******* ** ***** **** *** itself ** *****. ***** ** ** 'race ** *** ******' ** ****** control. ***** ** ** ***** ********* hurting *****.

***** ** ****** ******* ******. ** perhaps **** ************* *** ** ******* Lenel.

** **** ** *********** ** *** what ** **** ***, ** **** point, ***** ***** ** ****** **** off *** *** ** ** *********** company.

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