dormakaba Expands US Access Control With Azure Deal

dormakaba has acquired Azure Access Technology and Apollo Security, adding open-architecture access control technology to its US portfolio.

The acquisition brings the operating businesses of Azure Access Technology and ADME Inc., which trades as Apollo Security, into dormakaba. The company said the deal will accelerate the development of next-generation access control solutions and advance its components strategy in the US.

Founded in California in 2019, Azure Access develops electronic access control hardware for the US commercial market. Its open-architecture controller platform is designed for original equipment manufacturers (OEMs) – companies that integrate components from other manufacturers into their own products or systems – and software providers, enabling flexible integration and customization.

Apollo Security, also based in California, develops and manufactures access control and integrated security systems. Together, Azure Access and Apollo Security employ around 30 people and serve access control companies worldwide.

Apollo says its products are installed at thousands of sites in more than 70 countries. The company also operates a sales and support function for Europe, the Middle East and Africa.

From bundled solutions to open components

The acquisition supports a broader change in dormakaba’s US access control strategy. CEO Till Reuter has said the company has traditionally sold many of its access control products as part of bundled solutions but now wants to expand its component business, including locks, readers and controllers.

The strategy gives dormakaba another route to market through OEM and software partners that can integrate individual dormakaba components into their own platforms and solutions.

The deal also comes as dormakaba works to expand its North American business. Memoori Research notes that the company aims to increase North American Access Solutions revenue from approximately $902 million to more than $1.25 billion by fiscal year 2027/28.

That leaves a gap of around $347 million. dormakaba has said its US growth plan will combine organic growth, product expansion and smaller acquisitions.

Related Posts