ASSA ABLOY has signed an agreement to acquire Nomadix and Global Reach, providers of Wi-Fi access and engagement platform solutions for the hospitality and commercial real estate industry, based in the US and UK.

According to ASSA ABLOY, the companies offer a comprehensive tech platform of hardware, software and analytics tools to securely connect and engage with customers and devices via Wi-Fi networks.

“I am very pleased to welcome Nomadix and Global Reach into the ASSA ABLOY Group,” said Nico Delvaux, President and CEO of ASSA ABLOY.

“This acquisition is an exciting technological addition to the ASSA ABLOY Group and will reinforce our current offering within the hospitality business and provide complementary growth opportunities.”

An expanded portfolio

“Nomadix and Global Reach are excellent additions to Global Solutions and will, with their strong technical expertise, expand our portfolio and end-to-end offering for our hospitality business and adjacent verticals,” said Stephanie Ordan, Executive Vice President and Head of Global Technologies business unit Global Solutions.

“I look forward to working with the experienced teams to continue the successful journey.”

Nomadix and Global Reach were founded in 1998 and have around 120 employees.

The main offices are located in Los Angeles and London.

Nomadix and Global Reach operate as two separate entities under a central top management and ownership and will be part of Global Solutions business area Hospitality.  

The acquisition is subject to customary closing conditions and is expected to close during the second quarter of 2024.