Allegion to Acquire Access Control Company ISONAS
Allegion plc has agreed to acquire access control solutions provider ISONAS through one of its subsidiaries. According to an Allegion press release, the transaction is expected to close early in Q3 2018, subject to customary closing conditions.
ISONAS, based in Boulder, Colorado, provides edge-computing technology and intelligent devices, such as integrated reader-controllers. Allegion is a leading global security products and solutions provider.
According to Tim Eckersley, Allegion senior vice president and president of the Americas region: “By bringing ISONAS into the Allegion family, we’re adding a technology leader with solutions that align well with Allegion’s channel initiatives and add new access technologies to our portfolio. As Allegion continues to drive electronic adoption across our industry, we will also continue to offer more IP wall-based choices that add value for customers.”
Melissa Stenger, VP Product Management and Marketing for ISONAS told Security: “For an end user, the acquisition of ISONAS by Allegion provides more access to the ISONAS solution and technology. This will expand the ISONAS reader-controller’s functionality and drives electronic adoption for those customers seeking an easy, lower-cost installation for commercial settings. ISONAS intelligent solutions are ideally suited for customers seeking an easy install, lower cost of installation and scalability, with Allegion’s global presence this will further expand the reach of the ISONAS technology for all end users.”