Kaba Access and Data System Americas announced on Tuesday the acquisition of Keyscan Inc., a Canadian company that specializes in innovative, wired access control solutions.
With the acquisition, Kaba has significantly strengthened its product offering in North America. In addition to its traditional standalone and wireless systems, Kaba will now offer Keyscan’s wired solutions for complete access control in virtually any commercial building. "The integration of Keyscan will provide Kaba with access to a large, established network of low-voltage wholesalers, system integrators and security dealers, which presents valuable growth opportunities," Michael Kincaid, Chief Operating Officer for Kaba ADS Americas, said in a statement.
Retaining its brand name, Keyscan will operate as a separate division of Kaba’s ADS Americas Group and continue to offer product excellence and innovation to the access control marketplace.
Since 1990, Keyscan products have been installed in more than 50,000 sites, with 10 million credentials and 65 million credential transactions processed daily throughout Canada, the United States and Mexico. The technical integration of some of Kaba’s electronic locks with Keyscan’s access control products will enhance the combined approach, e.g. wireless and standalone, wireless and wired, standalone and wired, etc., which produces customized solutions for key vertical market segments and further defines Kaba’s channel strategy.
“Keyscan’s robust suite of access control hardware and software will be integral building blocks for future advancements in Kaba’s comprehensive access control solutions” said Laura Reid, VP of Product Management for Kaba ADS America.
“This acquisition confirms the strong brand presence and reputation that Keyscan has built over the past 25 years,” John Dyall, President of Keyscan Inc., said in a statement. “This strategic union will enhance the companies' competitive positioning in an evolving security landscape. It is consistent with our vision to create new growth opportunities through expanding product and service offerings, from our highly complementary product lines, combined with unparalleled customer service.”
