ASSA ABLOY Acquires Brazilian Hardware, Software Company

ASSA ABLOY has acquired Control iD, a Brazil-based company that specializes in developing hardware and software for electronic security, commercial automation and human resources management.

The move will reinforce ASSA ABLOY’s current access control and biometric offers, says ASSA ABLOY. Control iD focuses on biometric technologies, such as facial recognition, tax document authentication and printing solutions. It also designed an electronic time attendance system (SREP), which is used to control employee work hours automatically.

“Control iD’s focus on innovative biometric technologies, especially facial recognition, fills several gaps in our existing portfolio and I’m excited for them to become part of ASSA ABLOY,” says Lucas Boselli, executive vice president of ASSA ABLOY and head of the Americas Division. “This acquisition provides a great opportunity for us to further develop our commercial and residential access control solutions and services to many different markets and applications in Brazil.”

Control iD is headquartered São Paulo, Brazil, and employs around 300 people. It was founded in 2006.

The acquisition is subject to regulatory approval and customary closing conditions and is expected to close during the fourth quarter of 2022.

“I look forward to welcoming Control iD and its employees into the ASSA ABLOY Group,” says Nico Delvaux, president and CEO of ASSA ABLOY. “Control iD is a strategic technological addition; reinforcing our current access control and biometrics offerings, providing complementary growth opportunities and enabling us to grow our market leadership in emerging markets.”

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