Am I clear on this part? Mercury Security was purchased by ACRE? Last I knew, Mercury provides panels for 21 access control manufacturers. Concluding this group will have minimal impact on the North American market just seems a little curious.
Big Money Coming Into Access (ACRE)
Published Oct 21, 2014 04:00 AM
A company with deep pockets is consolidating the access market, and has already showed they have the capital to pull off big buys.
The recent announcement that Vanderbilt is buying parts of Siemens Security Products is just one more in a series of moves this company has previously made. IPVM estimates this company has spent over 100 million in the last three years purchasing 3 manufacturers. In this note, we look them, the players involved, and the impact of the Siemen's purchase on the access market moving forward.
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Comments (3)
Frank Pisciotta
Oct 23, 2014Brian Rhodes
Oct 23, 2014Hello Frank:
Yes that is true. However, that deal closed over a year ago, and Mercury has not changed status as hardware provider for any of those companies.
Also, the minimal impact statement above was in reference to Siemens which was the deal that just occured.
PL
Phillip Lopez
Oct 30, 2014Yes, it is true.
ACRE made it clear when they acquired the company from the former owners that they would continue pushing the Mercury platform across multiple channels - rather than close it off and make it proprietary.