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Assa Abloy

ASSA ABLOY acquires Lighthouse

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03/25/2016

STOCKHOLM—ASSA ABLOY on March 15 announced it acquired Lighthouse, a sectional door and docking distributor based in Charlotte, N.C.

ASSA ABLOY buys in Netherlands

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12/23/2015

STOCKHOLM—ASSA ABLOY will acquire IAI industrial systems B.V., and its subsidiaries, from its parent company DOCDATA N.V.

The biggest booths at ASIS 2015

Protection 1 to ‘make a splash’ again
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08/11/2015

ANAHEIM, Calif.—At ASIS International’s 2015 Seminar and Exhibits, which will take place here Sept. 28-Oct. 1, Protection 1 is upping its presence and other top companies, such as ASSA ABLOY and Axis, are looking toward being greener, while TycoIS and STANLEY focus on interactivity.

Stefan Widing to lead HID Global

Widing replaces Denis Hebert who left in May
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06/12/2015

STOCKHOLM—Stefan Widing will take over as head of HID Global and EVP of ASSA ABLOY, parent company of HID, on Aug. 1.

Hebert departs HID

Sodergren named interim CEO
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05/23/2015

AUSTIN, Texas—Denis Hebert has resigned his position as president and CEO of HID Global. Ulf Södergren, CTO of parent company ASSA ABLOY, has been appointed as interim CEO for HID, Ann Holmberg, ASSA ABLOY manager of corporate communications told Security Systems News.

The biggest and the newest at ISC West

IDIS, a newcomer to ISC West, has one of the ten largest booths at the show
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03/18/2015

LAS VEGAS—At the 2015 ISC West show, exhibitors put a lot of thought into their booths—rather literally with Hikvision’s “Thought Theater”—and some companies, like IDIS, are using big booths at ISC West to introduce themselves to the industry.

The Great Conversation, East Coast version

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Wednesday, October 29, 2014

I’m on my way back to Maine from Chantilly, Va., where I attended most of day 2 of The Great Conversation's inaugural East Coast event.

Sponsored by Aronson Security Group, The Great Conversation brings together end users and selected integrators for discussions, case studies and panel discussions. It takes place annually in March in Seattle, where ASG is based.

The new East Coast event is co-sponsored by Kratos and the Security Executive Council.

Yesterday I attended a talk by Steve Goodman, the technology and communications center director for Brigham Young University. Goodman talked about a massive upgrade of its access control system, and how ASSA ABLOY worked with BYU to come up with a wireless lock solution that BYU could use with its existing 802.11 network and Software House system.

BYU served as its own integrator for the installation, only calling in its outside systems integrator as an advisor. Because it has a very strong IT department, that’s what BYU has always done, Goodman said. BYU will call in an outside integrator when it’s doing an installation that it has no experience with, such as when it upgraded its Software House CCure system to the newest version.

Online wireless locks moving forward, but not locked into the market

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05/21/2014

Online wireless locks are making inroads in the security industry, particularly on the perimeters of large buildings with hundreds of doors inside.

HID reportedly paid $60m for Lumidigm

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Wednesday, February 12, 2014

Updated 2/13/14

Identity solution provider HID this week made its second purchase in a month, buying fingerprint biometric provider Lumidigm.
In January,  HID announced that it had purchased IdenTrust, a provider of digital identities.

The Albuquerque Journal is reporting that HID paid more than $60 million for the biometric company. Through a spokesperson HID said that because this is a "private transaction" the company would not comment on the purchase price.

I was not able to speak to Jeff Kessler at Imperial Capital about the deal. (Imperial advised Lumidigm,) but I did get a look at a research brief Kessler published on Feb. 12, where he said this deal "continues to put distance between Assa Abloy’s HID Division and the competition in the way of interoperable, identity solutions for government and enterprise users."

Here's more from Kessler's brief:

In our opinion, Assa Abloy has made a concerted effort to become the undisputed leader in higher technology access control and identification solutions for not just enterprises and institutions, but for Government as well—the latter is an area in which it did not have a lot of traction until 2011. However, a series of acquisitions have turned the company into the leader in this segment from a revenue perspective. This is unlike Safran (which purchased L-1 in 2010), which is primarily involved in registration and border identification. The challenge remains for Assa Abloy and HID to integrate these acquired technologies and companies carefully, to let some of the more creative sectors provide both competitive advantage to Assa Abloy, yet still remain the leading providers of software and identity solutions to other companies in the industry as well.

Founded in 2001 and based in Albuquerque, N.M., Lumidigm has 33 employees. Its 2014 sales are expected to be $25 million, and the deal is expected to be accretive to earnings per share, according to HID parent company ASSA ABLOY.

Common problems with fingerprint biometrics include that fact that the technology will not work in harsh environments or when peoples’ fingers are dirty. In addition, some peoples’ fingerprints are simply not detectable. Lumidigm’s technology overcomes these problems, HID said, with its patented “multispectral imaging technology [that] uses multiple light spectrums and advanced polarization techniques to extract unique fingerprint characteristics from both the surface and subsurface of the skin.” The technology is also highly effective in detecting “imposter or ‘spoof’ fingerprints,” according to HID.  

Lumidigm’s products are used in verticals such as banking, healthcare, entertainment, and government services. HID is also interested in Lumidigm’s “premier global customer base,” HID CEO Denis Hebert said in a prepared statement.  

The opportunity for HID, according to a statement from Bob Harbour, executive chairman of Lumidigm is: “to apply multispectral imaging capabilities to credential acquisition and authentication, gesture recognition, and other image-based process control systems, making multi-factor authentication on a single, integrated device a reality.”

Genetec, ASSA ABLOY form strategic partnership

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08/22/2013

MONTREAL—A new partnership between VMS provider Genetec and ASSA ABLOY, manufacturer of access control systems and locks, will allow customers to use the two companies’ products together for a more complete view of their security systems, the companies said in a press re

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