Access Control Related Enterprises, LLC (ACRE) has completed the sale of Mercury Security (Mercury) to HID Global (HID), a subsidiary of ASSA ABLOY, AB.
PRESS RELEASE: In a strategic move, ACRE, owner of Vanderbilt and ComNet, divests of Mercury Security Products to HID Global, a subsidiary of ASSA ABLOY, AB.
PRESS RELEASE: The acquisition of ComNet builds on the ACRE family of companies, providing complimentary communication technologies utilized across its access control, intrusion, video and cloud-based product ranges.
PRESS RELEASE: Vanderbilt’s CEO, Joseph Grillo, stated that this transaction will continue to expand Vanderbilt’s competitive position in a highly fragmented market with great growth potential.
Joe Grillo has been named #1 Influencer in Security for 2016 by IFSEC Global. In this video interview with IFSEC Global News, Joe discusses Vanderbilt’s growth as well as current and emerging trends in the access control industry.
PRESS RELEASE: Strategic global expansion delivers more comprehensive range of products. The purchase, originally announced in October 2014, adds significant technology capabilities and advantages to the existing product portfolio.
PRESS RELEASE: Vanderbilt Industries is pleased to announce the acquisition of the Ingersoll Rand Software & Controllers business unit effective August 31, 2012. The product portfolio includes SMS, SEVMS and the “bright blue” access control systems.