Connect with us

Hi, what are you looking for?

Tech News

After ditching August, Assa Abloy snaps up another smart lock startup

Level Lock incorporates all the smart tech into a deadbolt that can be retrofitted into an existing lock. | Photo by Dan Seifert / The Verge

Smart locks may still be a niche product, but lock behemoth Assa Abloy is clearly betting on a digital future for our doors. Despite being sued by the US Department of Justice for trying to buy too many smart lock manufacturers, the Swedish-based company just bought another one: sleek smart lock maker Level Lock.

With this latest purchase, Assa Abloy, which owns a staggering 190 brands in the “access control” space, may now have a significant piece of the puzzle it needs to push the market into a digital future. “Their innovative platform provides an easy transition from mechanical locking to digital access solutions with minimal effort,” said Lucas Boselli, executive vice president of Assa Abloy, in a press release.

Level’s technology…

Continue reading…

You May Also Like

Editor's Pick

In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the...

Tech News

Image: Becca Farsace / The Verge Instagram is a popular place to show off your latest photos, but if you’re a real photography enthusiast,...

Tech News

Rufino Choque, from the Urus Indigenous community, stands over a boat in the middle of the extinct Poopó Lake, which disappeared in 2015. |...

Politics

When word first broke that Joe Biden would be sitting down with Howard Stern for a live interview Friday on his SiriusXM show, it...

Generated by Feedzy