Assa Abloy company, HID Global, has signed an agreement to acquire Mercury Security, a leading OEM supplier of controllers for physical access control. Mercury Security is being divested by ACRE, Access Control Related Enterprises LLC, the owner of Vanderbilt and Comnet. “Mercury Security is a strategic technological addition to the Assa Abloy Group. The company reinforces our current offering, where Mercury Security considerably enhances the Group’s position within physical access control and will provide complementary growth opportunities,” says Johan Molin, President and CEO of Assa Abloy.
“The acquisition of Mercury Security will advance HID‘s global leadership in the physical access control industry, adding Mercury Security’s high-quality controllers to HID’s product portfolio while extending HID’s installed base of millions of users beyond the readers and smart cards that we are already well known for,” says Stefan Widing, President and CEO of HID Global.
