ACRE Acquires The PremiSys Software and Hardware Portfolio and Assets from IDenticard


Acquisition extends ACRE’s global customer base and go-to-market, and further consolidates access control applications


  • Feb 27, 2023

ACRE has completed its acquisition of the PremiSys software and hardware portfolio and assets.

The security market continues to provide opportunities for ACRE to drive consolidation and acquire technologies that broaden its portfolio and serve the expanding needs of its customer base.

PremiSys’ technologies enable organizations to self-manage door access, view integrated video and lockdown facilities. The acquisition also extends opportunities for ACRE in healthcare, education, data centers, and senior living facilities.

“Since its inception, ACRE's overarching goal has been to consolidate access control and customers under one umbrella,” said Darren Learmonth, CTO, ACRE. “This acquisition represents another important step in ACRE’s transformation, solidifying the company as the leader in the rapidly growing access control market.”

This deal follows a history of acquisitive growth for ACRE. In 2021, it purchased Feenics and Matrix to address evolving customer requirements in cloud and enterprise segments, and added SISCO to its growing family of brands in 2022.

The financial details of the transaction were not disclosed. 

Featured

  • Evolving Cybersecurity Strategies: Uniting Human Risk Management and Security Awareness Training

    Organizations are increasingly turning their attention to human-focused security approaches, as two out of three (68%) cybersecurity incidents involve people. Threat actors are shifting from targeting networks and systems to hacking humans via social engineering methods, living off human errors as their most prevalent attack vector. Whether manipulated or not, human cyber behavior is leveraged to gain backdoor access into systems. This mainly results from a lack of employee training and awareness about evolving attack techniques employed by malign actors. Read Now

  • Report: 1 in 3 Easily Exploitable Vulnerabilities Found on Cloud Assets

    CyCognito recently released new research highlighting critical security vulnerabilities across cloud-hosted assets, revealing that one in three easily exploitable vulnerabilities or misconfigurations are found on cloud assets. As organizations increasingly shift to multi-cloud strategies, the findings underscore significant security gaps that could provide attackers with potential footholds into networks. Read Now

  • Built for Today, Ready for Tomorrow

    Selecting the right VMS is critical for any organization that depends on video surveillance to ensure safety, security and operational efficiency. While many organizations focus on immediate needs such as budget and deployment size, let us review some of the long-term considerations that can significantly impact a VMS's utility and flexibility. Read Now

  • Paving the Way to Smart Buildings

    In today's rapidly evolving security landscape, the convergence of on-prem, edge and cloud technologies are critical. The physical security landscape is undergoing a profound transformation, driven by the rapid digitalization of buildings and the evolving needs of modern organizations. As the buildings sector pivots towards smart, AI and data-driven operations, the integration of both edge and cloud technology has become crucial. Read Now

  • The Cybersecurity Time Bomb

    If you work in physical security, you have probably seen it: a camera, access control system, or intrusion detection device installed years ago, humming along without a single update. It is a common scenario that security professionals have come to accept as "normal." But here is the reality: this mindset is actively putting organizations at risk. Read Now

Most   Popular

New Products

  • Unified VMS

    AxxonSoft introduces version 2.0 of the Axxon One VMS. The new release features integrations with various physical security systems, making Axxon One a unified VMS. Other enhancements include new AI video analytics and intelligent search functions, hardened cybersecurity, usability and performance improvements, and expanded cloud capabilities

  • A8V MIND

    A8V MIND

    Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area.

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions.