After ditching August, Assa Abloy snaps up another smart lock startup
by Jennifer Pattison Tuohy from The Verge - All Posts on (#6QP1Y)
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...