Allegion acquires ISONAS

DUBLIN—Allegion, a global security provider based here, on July 2 purchased access control company ISONAS, based in Boulder, Colo., which will operate within Allegion's Americas region.

“ISONAS solutions are a complementary addition to the Allegion electronic access control product portfolio, and well-suited for the solutions offered through our channel initiatives. For example, the ISONAS reader-controller complements our Schlage electronic locks that today work with our IP gateway solution,” Tim Eckersley, Allegion's SVP and president of the Americas, told Security Systems News in an email interview.

He continued, “The ISONAS reader-controller offers an additional integration option to our physical access control software partners, and gives our channel partners and customers the opportunity to select the solution that fits their needs (battery-powered electronic locks, wired readers or power over ethernet reader-controllers).”

Key benefits for Allegion from this purchase are that ISONAS' technology “expands Allegion's current offerings in edge computing and provides additional electronic access control products and power options to secure the many places where people thrive,” Eckersley said. “Together, we will continue to provide innovative security solutions to our customers and drive electronic adoption in the security industry,” said Eckersley.

ISONAS will benefit from this deal by “being part of a $2.4 billion company with a core competency in safety and security, extensive market coverage, expertise in operational excellence and demand-creation capabilities,” Eckersley said. “Acquisition by a larger company infuses capital and additional capacity for growth. It's a natural evolution for the ISONAS business—and we're excited to welcome ISONAS to the Allegion family.”

The deal fits in with the company's overall strategy, according to Eckersley. “Opportunistic acquisitions has always been a strategic pillar for Allegion, so our company has a disciplined approach to acquisition management that ensures strategic alignment to our overall business objectives,” he said. “We continuously examine many opportunities, including in our Americas region, where ISONAS will now operate.”

Eckersley emphasized that both companies—ISONAS and Allegion—are committed to their customers, and business will “continue as usual” following the acquisition. “We're also committed to helping ISONAS grow, and our business leaders will work closely with the ISONAS team, our distributors and partners to look for opportunities for this exciting technology,” he said.