SALTO Completes the Acquisition of Clay and Invests in Poly Control Danalock

  • Jun 20, 2017
Salto Systems S.L., announced the acquisition of the remainder shares in Clay, to become sole owner of the company; and the purchase of a significant equity share in Poly-Control, the manufacturer of Danalock.

With these important steps, Salto Systems, market leader in electronic locking, executes on its strategy by strengthening its leading position in both Cloud technology and Mobile Access, as well as Electronic Locks for the Residential market.

Clay, in which Salto already held a 60% stake, is the leading provider of Cloud technology for Smart locks through its Clay Locking Platform. Since its founding in 2012, the Clay Locking Platform has been the core of products such as; Salto KS (Keys as a Service), Prosegur Control de Accesos and very recently Regus, the world’s largest provider of flexible workspace solutions. Clay is based in Amsterdam, currently employs 22 people, mainly software developers.

Poly-Control/Danalock, founded in 2003 is the technology and thought leader in Residential Smart locks; recently launched the 3rd version of their motorized Smartlock. Adapted to European, including Scandinavia, North American and Asian markets, Danalock V3 is tapping into the drive of keyless and connected locking solutions for residential properties on a global scale. The company works out of Harlev, Denmark and employs 20 people.

“We believe that electronic locks over time will fully replace mechanical locks. We have seen this happening significantly in commercial markets in the last decade, but now it is time to extend our focus to Residential markets and integration with Cloud technology” says Marc Handels, Chief Marketing & Sales Officer of Salto Systems. “We are extremely happy to announce today these investments in two great teams that lead their fields; and like Salto, both are founded by teams of talented entrepreneurs”.

While both Clay and Poly-Control will continue to operate independently and run their services as they do now, Salto says they look forward to combining their competencies and leverage the technical knowledge of both companies.

Featured

  • Maximizing Your Security Budget This Year

    7 Ways You Can Secure a High-Traffic Commercial Security Gate  

    Your commercial security gate is one of your most powerful tools to keep thieves off your property. Without a security gate, your commercial perimeter security plan is all for nothing. Read Now

  • New Report Says Vulnerability Exploitation Boom Threatens Cybersecurity

    Verizon Business recently released the findings of its 17th-annual Data Breach Investigations Report (DBIR), which analyzed a record-high 30,458 security incidents and 10,626 confirmed breaches in 2023—a two-fold increase over 2022. Read Now

  • In The Clouds

    Video data storage in the cloud was a novel concept when Dean Drako founded Eagle Eye Networks back in 2012. While cloud was being used for almost all other business systems at that time, the physical security industry took a cautious and measured approach to cloud adoption. Read Now

  • Surveillance Cameras Provide Peace of Mind for New Florida Homeowners

    Managing a large estate is never easy. Tack on 2 acres of property and keeping track of the comings and goings of family and visitors becomes nearly impossible. Needless to say, the new owner of a $10 million spec home in Florida was eager for a simple way to monitor and manage his 15,000-square-foot residence, 2,800-square-foot clubhouse and expansive outdoor areas. Read Now

Most   Popular

Featured Cybersecurity

Webinars

New Products

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening. 3

  • QCS7230 System-on-Chip (SoC)

    QCS7230 System-on-Chip (SoC)

    The latest Qualcomm® Vision Intelligence Platform offers next-generation smart camera IoT solutions to improve safety and security across enterprises, cities and spaces. The Vision Intelligence Platform was expanded in March 2022 with the introduction of the QCS7230 System-on-Chip (SoC), which delivers superior artificial intelligence (AI) inferencing at the edge. 3

  • ResponderLink

    ResponderLink

    Shooter Detection Systems (SDS), an Alarm.com company and a global leader in gunshot detection solutions, has introduced ResponderLink, a groundbreaking new 911 notification service for gunshot events. ResponderLink completes the circle from detection to 911 notification to first responder awareness, giving law enforcement enhanced situational intelligence they urgently need to save lives. Integrating SDS’s proven gunshot detection system with Noonlight’s SendPolice platform, ResponderLink is the first solution to automatically deliver real-time gunshot detection data to 911 call centers and first responders. When shots are detected, the 911 dispatching center, also known as the Public Safety Answering Point or PSAP, is contacted based on the gunfire location, enabling faster initiation of life-saving emergency protocols. 3