ASSA ABLOY has announced that it has acquired Level Lock, a technology solutions business based in Redwood City, California.

According to ASSA ABLOY, Level Lock was founded in 2016 and has around 70 employees.

“I am very pleased to welcome Level Lock 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 provide complementary growth opportunities.”

Growth in the Americas

“The acquisition […] complements ASSA ABLOY’s technology portfolio and strengthens our digital offering across multiple businesses in the Americas division,” added Lucas Boselli, Executive Vice President of ASSA ABLOY and Head of the Americas Division.

“Their innovative platform provides an easy transition from mechanical locking to digital access solutions with minimal effort.”