RSS ASSA ABLOY To Acquire 3millID And Third Millennium - Quick Facts

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 RSS ASSA ABLOY To Acquire 3millID And Third Millennium - Quick Facts

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ASSA ABLOY has entered into an agreement to acquire 3millID Corporation and Third Millennium Systems Ltd. 3millID, located in Highlands Ranch, Colorado, specializes in providing access control readers and technology-driven products tailored for enterprise clients throughout North America. Meanwhile, Third Millennium, based in Wales, UK, delivers access control solutions and software to both enterprise and governmental clients across the UK and Europe. ASSA ABLOY anticipates the acquisition will enhance their earnings per share immediately.

The company highlighted that these two entities collectively employ approximately 40 individuals and will be integrated into HID's Physical Access Control Solutions Business Area.

The material has been provided by InstaForex Company - www.instaforex.com
 
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