ASSA ABLOY acquires KEYper Systems in the US

November 2018 News, Access Control & Identity Management

ASSA ABLOY has signed an agreement to acquire KEYper Systems, a supplier of electronic and mechanical key management systems in the US, with a strong presence in the automotive segment. KEYper was established in 1993.

KEYper Systems will become a separate business unit of TRAKA, an operating unit of ASSA ABLOY Global Solutions. Ric Stone, president of KEYper will report to Justin Sasse, MD of Traka.

“KEYper’s product range and expertise, especially in the US automotive and property management market segments, will complement Traka’s product range and specialist solutions in key and asset management solutions globally. This acquisition will allow us to leverage Traka’s technology to further develop KEYper’s offering to its existing customers, and widen the product range globally for Traka in all of our market segments,” says Sasse.

The acquisition is conditional upon satisfaction of customary legal conditions and is expected to complete during the first quarter of 2019.



Credit(s)




Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

Online fleet management system
Issue 1 2020 , News
Fleet Domain’s online Fleet Management Information System is reducing operating costs and improving safety for South African logistics firms.

Read more...
Digital insurance bundle for assets and devices
Issue 1 2020 , News
My CyberCare is a specialist provider of personal, and SMME online cyber insurance, cyber detection and cyber monitoring solutions for both local and global consumption.

Read more...
IDEMIA to supply Morocco’s national electronic ID cards
Issue 1 2020, IDEMIA , News
IDEMIA will supply Morocco with national electronic ID cards and introduce a secured digital identity online services platform.

Read more...
Rockwell Automation to acquire Avnet
Issue 1 2020, Rockwell Automation , News
Rockwell Automation announced it has signed an agreement to acquire privately held Avnet Data Security, an Israeli-based cybersecurity provider with over 20 years’ experience providing cybersecurity services.

Read more...
Do we really want simplicity?
Issue 1 2020, Technews Publishing , News
Everything today has to be simple, easy and fast. Even access to your bank account has to fit these adjectives and banks spend significant time and money trying to ensure their web and mobile interfaces ...

Read more...
Longse Distribution to become LD Africa
Issue 1 2020, LD Africa , News
Brendon Whelan, sales manager for Longse Distribution, announced that the company officially changed its name to LD Africa as of 20 January 2020.

Read more...
Three expos in one
Issue 1 2020 , News
Looking ahead to 2020 Vision: combined Securex South Africa, A-OSH EXPO and Facilities Management Expo 2020 promises to be even bigger and better.

Read more...
Security events you can’t miss in 2020
Issue 1 2020, Technews Publishing , News
Hi-Tech Security Solutions will host a number of focused events in 2020 to highlight the latest in security technology and the operational benefits they deliver.

Read more...
David Shapiro to chair ESDA
Issue 1 2020, ESDA (Electronic Security Distributors Association , News
The Electronic Security Distributors’ Association (ESDA), established in 1989, has elected David Shapiro as its chairperson for 2020.

Read more...
Dimension Data debuts fifth business
Issue 1 2020 , News
Dimension Data has launched its fifth business in the MEA region, Dimension Data Security, aimed at helping organisations in the region address the challenges of today’s rapidly evolving threat landscape.

Read more...