The X-News Explorer is the ultimate source of information for investors with an affinity for the stock market who want to get a quick and convenient overview of the current news situation of a listed company. Various newswire services are available here. If a news alert is displayed, you will find company news that may be of interest to you. This service is provided by PR-Newswire.
STOCKHOLM, Sweden, Sept. 10, 2024 /PRNewswire/ -- ASSA ABLOY has acquired Level Lock, a technology solutions business based in Redwood City, California.
"I am very pleased to welcome Level Lock into the ASSA ABLOY Group. This acquisition is an exciting technological addition to the ASSA ABLOY Group and will provide complementary growth opportunities," says Nico Delvaux, President and CEO of ASSA ABLOY.
"The acquisition of Level Lock complements ASSA ABLOY's technology portfolio and strengthens our digital offering across multiple businesses in the Americas division," says Lucas Boselli, Executive Vice President of ASSA ABLOY and Head of the Americas Division. "Their innovative platform provides an easy transition from mechanical locking to digital access solutions with minimal effort."