ASSA ABLOY Group Acquires LifeSafety Power Inc

LifeSafety Power Inc., a company founded in 2009 has been acquired by ASSA ABLOY Group. The acquisition took place Sept. 5.

LifeSafety Power Inc., a company founded in 2009 has been acquired by ASSA ABLOY Group. The acquisition took place Sept. 5.

LifeSafety Power is an innovator and specialist in physical security and access control, creating a new category of intelligent networking power solutions that monitor and manage system connectivity across the enterprise.

Embracing technology partnerships with some of the most recognizable companies in the industry, LifeSafety Power carved a unique niche, and along the way received numerous awards for its innovation, including SIA’s New Product of the Year; Security Today magazine’s New Product of the Year; Most Valuable Product; and many others.LifeSafety Power will continue its mission to provide leading-edge enhancements and new product development in power solutions, having developed a loyal and dedicated customer base.

“We’re excited about the acquisition and the opportunity to continue to innovate under the strength of ASSA ABLOY,” said Larry Ye, president and CEO of LifeSafety Power. “This is an important and critical step in the ongoing expansion of our company and our drive to offer the latest networking developments to the industry. With this acquisition, we will complement the access control portfolio provided by ASSA ABLOY, but will keep our uniqueness, which has brought us success and is part of our DNA. We will continue to be nimble in addressing the needs of the industry and our customers—and the secret sauce that brought LifeSafety Power to this pivotal point will remain.”

Featured

Featured Cybersecurity

Webinars

New Products

  • HID Signo Readers

    HID Signo Readers

    HID Global has announced its HID® Signo™ Biometric Reader 25B that is designed to capture and read fingerprints in real-world applications and conditions. 3

  • Kangaroo Home Security System

    Kangaroo Home Security System

    Kangaroo is the affordable, easy-to-install home security system designed for anyone who wants an added layer of peace of mind and protection. It has several products, ranging from the fan-favorite Doorbell Camera + Chime, to the more comprehensive Front Door Security Kit with Professional Monitoring. Regardless of the level of desired security, Kangaroo’s designed to move with consumers - wherever that next chapter may be. Motion sensors, keypads and additional features can be part of the package to any Kangaroo system in place, anytime. Additionally, Kangaroo offers scalable protection plans with a variety of benefits ranging from 24/7 professional monitoring to expanded cloud storage, coverage for damage and theft. 3

  • XS4 Original+

    XS4 Original+

    The SALTO XS4 Original+ design is based on the same proven housing and mechanical mechanisms of the XS4 Original. The XS4 Original+, however, is embedded with SALTO’s BLUEnet real-time functionality and SVN-Flex capability that enables SALTO stand-alone smart XS4 Original+ locks to update user credentials directly at the door. Compatible with the array of SALTO platform solutions including SALTO Space data-on-card, SALTO KS Keys as a Service cloud-based access solution, and SALTO’s JustIn Mobile technology for digital keys. The XS4 Original+ also includes RFID Mifare DESFire, Bluetooth LE and NFC technology functionality. 3