The Year's Top Riser: Wavelynx

Published Dec 26, 2023 13:09 PM

While not (at least yet) a large manufacturer and still facing a giant incumbent competitor, no access control (and arguably no physical security) company has risen more in the past year than Wavelynx.

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In this note, as part of a series of year-end / beginning coverage, IPVM examines the rise of Wavelynx and the threats it still faces.

Entering ****

******** ******* ****** * ************ ************** *********** ********** *******, * ******* ** **** ********. ***** *** ******* *** **** growing ************* **** * ***** ****, it *** * ***** ******* **** was, ** *****, ** *****, ******* *** ********** ******* **.

Settling *** ****

****** ****, *** ******* **** *********************** ******** *** ** ******* * *********** * **** *******. This *** * *** *** ******** and * ********** ***, ** ****** given***'* ****** ** ********** **** *** ***** ********* ******* many ***********.

*** ******* ** ****** ** *** was * ******** ******* *** ******** in **** ******* *** ******** *** raising ******* ********** *****'* ******** ******* ****** *********** *******, ***********, *** controllers ********* **** ** ***** *** were ******* **** ********.

Triton ********** / ***********

**** ***** ****** ***** *** *******,******** *** ******** / ******** ** by ** **** ******, *** *** ****** ~$** ******* USD *** **********. ******'* ********* *** Wavelynx *** ** *** ******** ** millions ** *******, ********* ** ******* close ** *** ****.

Ending ****

** ******** **** **** **** ********** settled **** ***** ******* ********** *** is *** ****** ** * ******** PE **** **** ***** ** **** Wavelynx ************.

**** ************* ********** *** *********** **** a ********** **** (** ***) ***** to * ******* **** *** * real ****** ** ****** * ****** number *** ** ***.

** ** ****** ***** ***, ******,****'* ********** ******** ****** ****** *********** ******** ** ** * **** distant ****** ***, ****** ***'* ****** issues ******* ** *********** ** ******** rivals.

Other ******

** * **** ** ********** *** investment *** ******* ************, ******** ****** out. *** ******* ********** *** *********** *********** ** ***** *** ***** Eye. ***** ** ***** **** ******** their *****, ** *** *** ************* transform ****** *******. *** *** ******* acquisition, ** ***, ************ ****** *** ******* ****** ********** **** ** ******* ******** ***** recognize *** **** ******** **** ** that ****.

Mobile *********** *** ********

******* ********** ******* *** ******** ******** ********** ***** *********. ********** ****** ***** **** ****** gain ****** ******* ********** ********** ** it ***** ****** * ****** ** consider *** ********* (******* **** ** Tesla ** ************ *** *********, ******* vs ************ ******** ******** *********, ***.)

******** *** **** ********* ********** ** promoting ****** ***********, ******, ********** **** year,*** ***, ***, **** ********* ******* its *** **** ********.

Challenges *** ********

***** ******** *** *****, ** ***** faces **** *****, ********* **** ***.

*** ******** ** **** ***** ****** HID ***** ***** ***** ******* ********. Did *** ******** ***** ********** *** all ******** *** *** ******* ********? Can ** ***** *** ****** ********** for ******* ***** ******* ** ********** HID ***** **** ** ******** **********?

**** ** *** ******** *** ******* legal ******, ** *** ******** ****-** with *** ******* *********** *********, **** as ******, **, ****, ***. ******** does *** **** ******** ** *** of ***** ** **** ** * pattern ** *** ** ***** *** rivals **** ******** ******** **** ******* with *** **** *****-***** ****** ******. So, ****** *** ******* **** *********** HID ********* ** ***** ** ****** to *** **** *** ********** ** replacing ****'* ******** ***********, * **** few **** ** *******.

**********, ******, ***'* ********* *** **** the ******* ****** *** ****** ****** and ********** ****** ***** ** ******** has * **** ****** ** ****** profitably *** *** *** ** *** go (** ***) ** * ********** question *** *** **** ** **** decade.

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