This Research Note examines dormakaba’s August 2026 acquisition of US firms, Azure Access and Apollo Security. We assess the strategic rationale of the deal and explore the group’s North American growth strategy and business model change for access control products in the USA. This article updates our previous September 2025 article on dormakaba’s North American push and our March 2026 article on their M&A surge. Azure Access & Apollo Security Profiles Founded in 2019 in Newport Beach, California (USA), Azure Access develops electronic access control hardware for the US commercial market. Its open architecture controller platform is designed for Original Equipment Manufacturers (OEMs) and software providers, enabling flexible integration and customization. Founded in 2008, ADME Inc, trading as Apollo Security, also based in Newport Beach, is a manufacturer of access control and integrated security systems. Together, Azure Access and Apollo Security employ around 30 people and serve access control companies worldwide. North American Growth Strategy […]
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