Biometrics
Azure Access Acquired by dormakaba to Strengthen US Strategy 2026
August 20th, 2026Alcatraz AI’s $50m Series B: Facial Authentication Reshaping Access Control?
April 8th, 2026
dormakaba M&A Surge: 9 Deals in 14 Months Signals a Decisive Strategy Shift
This Research Note examines M&A and investment activity at dormakaba over the last 14 months, highlighting their commitment to execute their growth strategy at a bolder pace. We comment on this acceleration of external investments based on 6 bolt-on acquisitions and 3 strategic investments since February 2025, review their North American growth plan, and provide […]
Allegion: $630 Million in Acquisitions Fuels Digital Security Strategy
This Research Note examines Allegion plc, the global security products and solutions provider, based on its 2025 financial results, 10-K report, acquisitions and corporate venture funding throughout the year. Allegion Profile Allegion, a US public company headquartered in Ireland, is the standalone business formed in 2013 from the former commercial and residential security businesses of […]
Access Control Market 2025: Shifting to Software-Defined Ecosystems
The physical access control (PACS) market is continuing its transformation from a hardware-centric business focused on locks, card readers, and control panels to a software-driven ecosystem. Cloud platforms, mobile credentials, and artificial intelligence are redefining how organizations manage security, workplace operations, and building intelligence. This transformation represents both significant opportunities and competitive threats across the […]
Salto Systems Accelerates Beyond Access Control: 4 Strategic Investments
In this Research Note, we examine the Salto Systems business, based on their 2024 revenues and milestones, product innovation and strategic minority investments in 2024 and 2025. Founded in 2001 and headquartered in Oiartzun, Spain, Salto Systems is one of the market leaders in electronic locking and access control solutions across a broad range of […]
Elatec Acquired by Allegion to Augment Access Control Portfolio
In this Research Note, we look at what’s behind Allegion’s acquisition of Elatec GmbH, a German manufacturer of security and access technology, specializing in RFID credentials and reader solutions. We highlight the transaction details and strategic rationale before examining their financial development since 2020, recent acquisitions, and private equity ownership. Elatec Profile Founded in Puchheim […]
Mapping the Strategic Direction of Johnson Controls in Smart Buildings 2024
This Research Note examines the emerging strategic priorities of Johnson Controls (JCI) in the smart buildings space. We have mapped acquisitions, divestments, strategic partnerships, and investment activity to ascertain the growth ambitions of the group, by categorizing the various business relationships by technology and investment type. This article is intended as a non-exhaustive indicator of […]
Who Are the Smart Building Startups Gaining Traction in 2024?
While funding levels are a good measure of a startup’s potential, growth may be the best measure of a startup’s success. That is the focus of our latest research study, which identifies and explores the 100 smart building startups we believe have gained the most growth traction in the past year. The global smart buildings […]
ASSA ABLOY Global Technologies Division & 2023 Financials Examined
This Research Note examines the Global Technologies Division of ASSA ABLOY, the Swedish global access control group with the largest installed base of locks and different access solutions in the world. Our analysis is based on ASSA ABLOY’s 2023 Annual Report, their Capital Markets Day Presentation, 14th May 2024, and subsequent acquisitions in 2024. ASSA […]
Next Page