Tuesday, April 23, 2024

Smart lock company August home purchased by actual lock company Yale

Share

Smart-lock outfit Yales parent company is buying August Home, in a move that may consolidate some of the smart lock market. Sweden-based Assa Abloy will pick up August Home for a cool $60 million, and the regulatory bodies involved are expected to approve the purchase by years end. August Home strengthens our residential smart door strategy with complementary smart locks, expansion into video doorbells and comprehensive solutions for home delivery, ASSAs executive vice president …Read more

Read more

More News