According to Tim Eckersley, Allegion’s president of the Americas, the company’s recently announced acquisition of ISONAS will help expand its portfolio in edge computing and electronic access control products.
September 5, 2018 By Neil Sutton
Eckersley, who spoke to SP&T News via email, said that “ISONAS has a distinctive product offering and strong pipeline and will benefit from being part of a $2.4 billion company with a core competency in safety and security.”
ISONAS, based in Boulder, Colo., and founded in 2000, describes itself as a “manufacturer of Pure IP Access Control hardware.”
Eckersley remarked that IP solutions have “evolved… which is why you’re seeing more innovation in the market. IP-based solutions are moving from the panel to the edge.”
He said that while ISONAS’ largest installed base is in the U.S., their solutions are also available in Canada, sold through distribution partners based here. “Allegion has a presence in Canada and will continue to serve that market,” he added. “It’s our goal to help expand the reach of ISONAS technology, using our global presence (which includes Canada), electronics expertise and channel relationships.”
Terms of the acquisition, which is expected to close in Q3 this year, were not disclosed. Allegion is headquartered in Dublin, Ireland; ISONAS will operate within Allegion’s Americas territory.
— With files from Ellen Cools
This article originally appeared in the August/September 2018 issue of SP&T News.
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