ACRE announced it has completed its acquisition of the PremiSys software and hardware portfolio and assets from IDenticard.
The financial details of the transaction were not disclosed.
PremiSys’ technologies enable organizations to self-manage door access, view integrated video and lockdown facilities. ACRE says the acquisition also extends opportunities in health care, education, data centres 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, in a company statement. “This acquisition represents another important step in ACRE’s transformation, solidifying the company as the leader in the rapidly growing access control market.”
Other recent acquisitions for ACRE include Feenics and Matrix in 2021 to address evolving customer requirements in cloud and enterprise segments, and SISCO in 2022.
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