Security

ASSA ABLOY’s Technology Focus: Mapping their Strategy 2023 to 2025

This Research Note examines the technology strategy of ASSA ABLOY, the Swedish headquartered global access control business, by analyzing the acquisitions, divestments, partnerships, and investments of the group’s Global Technologies division. In part 1, we map the strategic direction of HID by categorizing the various transactions by technology since January 2023. Part 2 covers the technology strategy of the Global Solutions business. This article updates our previous coverage of ASSA ABLOY in September 2023 and June 2024. ASSA ABLOY / HID Overview HID is the identity and access solutions brand of ASSA ABLOY.  The business is organized into six business areas, with the largest being Physical Access Control Solutions. HID accounted for 65% of Global Technologies revenues, or $1.6 billion, according to ASSA ABLOY 2024 Annual Report. Strategy Mapping We have identified 10 acquisitions, 1 divestment, 1 investment, and 5 partnerships which were undertaken by HID over the last two and a half years. The strategic […]

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