Assa Abloy Acquires Level Lock Business to Enhance Smart Lock Innovations

Tuesday, 10 September 2024, 15:09

Level Lock technology is now part of Assa Abloy, a significant move in the smart lock industry. This acquisition marks a pivotal moment for Level Home, founded by former Apple engineers. Assa Abloy's venture into Level Lock amplifies its influence in smart home security solutions, positioning it as a dominant force.
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Assa Abloy Acquires Level Lock Business to Enhance Smart Lock Innovations

Acquisition Announcement

Today, Level Home confirmed that its smart lock segment, Level Lock, has been acquired by the Swedish giant Assa Abloy. Founded in 2016 by a team of former Apple employees, Level Home brought innovative products to the market.

Impact on Smart Lock Industry

Assa Abloy's acquisition of Level Lock is strategically significant as it enhances their catalog of smart home security solutions. This move is expected to open additional opportunities for innovation and security in the ever-competitive smart lock market.

Future Prospects

With Assa Abloy at the helm, Level Lock's technology is poised for further advancements, potentially integrating deeper into smart home ecosystems while promoting consumer trust and reliability. The impact of this acquisition could reshape the standards for connected home security.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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