- ASSA ABLOY ( OTCPK:ASAZY ) has acquired German-based Bird Home Automation GmbH, a manufacturer of high-quality IP door intercom for single and multi-family buildings, for indoor station or smartphone control, marketed under the trademark DoorBird for an undisclosed sum.
- DoorBird is a strategic technological addition to the ASSA ABLOY Group and will reinforce its offering with IP door intercom and provide complementary growth opportunities.
- The deal will be accretive to EPS from the start.
For further details see:
ASSA ABLOY acquires German-based Bird Home Automation