Access Control

This Research Note examines the acquisition of Ritto door entry systems by Comelit Group from Schneider Electric in July 2026.  We highlight the transaction details, Ritto’s development and Comelit’s financials and strategy, before assessing the rationale for the Schneider Electric divestment.  This article updates our coverage of Comelit in May 2024. Transaction Details The agreement […]

This Research Note examines the ASSA ABLOY agreement to acquire the Gunnebo Entrance Control business.  We highlight the transaction details, the target business unit profile and strategic rationale of the deal before assessing ASSA ABLOY’s acquisition strategy. Transaction Details On 5th August 2026, ASSA ABLOY announced an agreement to acquire Gunnebo Entrance Control, an international […]

In this Research Note, we examine the latest divestment of Johnson Controls’ security business, the sale of ADT Spain to Sector Alarm, the Norwegian alarm monitoring company. We highlight the transaction details and strategic rationale, before commenting further on the overall divestment strategy in Johnson Controls fire and security businesses. Transaction Details Johnson Controls reported […]

This Research Note examines the change in ownership as new investors gain a 30% minority stake in Salto Systems.  We review the transaction details, strategy, 2025 revenues & financial outlook and recent acquisitions, before concluding with our view of this investment. This article updates our previous coverage of the company in October 2025. Salto Systems […]

In this Research Note, we examine the Axis Communications video surveillance business. This analysis is based on Axis Communications 2025 Sustainability Report 29th May 2026, Canon 2024 Financial Results Presentation, 29th January 2026 and Memoori analysis. We also comment on the company’s acquisitions of Skysense and FF Group in 2025. This article updates our previous […]

In this Research Note, we examine the Chinese video surveillance giant, Hikvision (Hangzhou Hikvision Digital Technology Co., Ltd.), focusing on its strategic shift, business organization, and 2025 results, based on its Annual Report and Investor Presentation in April 2026. This article updates our previous coverage of the company in May 2025. Hikvision Profile & Strategy […]

In this Research Note, we examine the Finnish digital locking innovator iLOQ, based on the financial statements of Capnor Weasel Bidco Oyj, iLOQ’s parent company, published 14th April 2026 and the 2025 iLOQ Annual Report.  We review the group’s 2025 financial highlights, its regional performance in the Nordics, Central Europe, and North America, and the […]

This Research Note examines the acquisitions and investments that Motorola Solutions has completed over the last 10 years in the physical security space, the most recent of which was its entry into the counter-drone market in June 2026.  This article is intended as a non-exhaustive indicator of Motorola’s strategic direction, identifying the physical security technologies […]