Security Systems News

JUN 2018

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SECURITY SYSTEMS NEWS JUNE 2018 suppliers 31 Effective cybersecurity is about assessing risks and consequences and taking appropriate steps. It's about products, people, technology and ongoing processes. And it's about partnering with a solutions provider who's prepared to support you at every level. Which is where we enter the picture. We are 100% focused on cybersecurity, and we do everything in our power to mitigate its risks. We have strict requirements for our own products and we work diligently with our partners—and you—to fight this threat. Learn about our layers of protection at Prepared to support you at every level. By Paul Ragusa AUSTIN, Texas.—Silicon Labs announced in May the complet- ed acquisition of Sigma Designs' Z-Wave business for $240 million in an all-cash transaction. "With Z-Wave now being a part of Silicon Labs we have real- ly created an IoT powerhouse," Raoul Wijgergangs, VP/GM of the Z-Wave Business in Silicon Labs, told Security Systems News. "Every short-range IoT technology is now combined into one company, so I believe that any company that is looking to do something with low- power and short range IoT solutions is going to be knocking on the door of Silicon Labs." He noted that the entire Z-Wave business unit, including a team of approximately 110 employees, is joining Silicon Labs. "The two com- pany cultures are so closely aligned that this really is a great fit for both parties involved. There is a lot of excitement for both companies." Wijgergangs said that by combin- ing Z-Wave's mesh technology and product interoperability focus with Silicon Labs' multiprotocol exper- tise gives smart home developers access to a large, varied network of ecosystems and to a full range of end-node technology options that open the door to millions of potential smart home users. He also noted that the strategic acqui- sition complements Silicon Labs' comprehensive wireless hardware and software portfolio for the smart home, which today includes Wi-Fi, Zigbee, Thread, Bluetooth and proprietary protocols. "Adding Z-Wave to Silicon Labs' extensive IoT connectivity portfo- lio allows us to deliver a unified vision for the wireless technologies underpinning the smart home mar- ket," Tyson Tuttle, CEO of Silicon Labs, said in the announcement. "A secure, interoperable customer experience is at the heart of how smart home products are designed, deployed and managed. Our smart home vision is one where mul- tiple technologies work securely together, where any device using any of our connectivity options easily joins the home network, and where security updates and feature upgrades occur automatically." Z-Wave has more than 2,400 certified, interoperable Z-Wave devices that are available from the thriving Z-Wave Alliance of more than 700 manufacturers and service providers worldwide, according to Wijgergangs. "Together, Silicon Labs and the Z-Wave Alliance and its ecosys- tems will continue to advance the Z-Wave technology roadmap, delivering innovations that engage millions of smart home product users," Wijgergangs said in the announcement. "Z-Wave is a prov- en, broadly deployed technology that just reached the milestone of 100 million devices in the market. The acquisition will drive collabora- tion and expand access to a diverse ecosystem network of partners including Amazon,, ADT, Samsung SmartThings, Yale, Vivint, Google Home and Comcast." He told SSN that the companies are beginning to build a strategy for the future, one based on a shared vision of IoT for the smart home where devices work seamlessly together, are super secure and very easy to use. Silicon Labs is a leading provider of silicon, software and solutions for a smarter, more connected world. Silicon Labs expects the acquisition to be accretive to 2018 non-GAAP earnings. SSN Silicon Labs purchases Z-Wave during the second quarter of 2018, ASSA ABLOY noted in its announcement. Concept Frames has a focus on custom-made steel doors and frames for commercial and industrial applications. "I am very pleased to wel- come Concept Frames into the ASSA ABLOY Group," Boselli said in a separate announce- ment. "Concept Frames is a complementary addition to ASSA ABLOY and adds to our leadership in the door and frame category in North America." Concept Frames has exper- tise in customer service, proj- ect specifications and quick delivery, primarily covering the southeast region of the U.S., ASSA ABLOY noted in its announcement. The com- pany, which was founded in 1982, has approximately 68 employees; its head office and factory are located in Newton, N.C. SSN By SSN Staff NEW HAVEN, Conn.—ASSA ABLOY recently announced agreements to purchase two U.S.-based door and frame m a n u f a c t u r e r s : P i o n e e r Industries, based in Carlstadt, N.J., and Concept Frames Inc., based in Newton, N.C. "The addition of Pioneer allows us to fortify our steel door and frame offering in the US and in particular the Atlantic region," Lucas Boselli, executive vice president of ASSA ABLOY and head of the Americas division, said in a prepared statement. Pioneer will continue to be led by its current management team. Pioneer was founded in 1930 and currently has about 100 employees. The head office and factory are located in Carlstadt, N.J. The Pioneer acquisition is conditional upon satisfaction of customary closing condi- tions and is expected to close ASSA ABLOY set to acquire two companies in the US

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