Smart lock maker Level has been gutted and its founders are out

According to the source, Assa Abloy, a Sweden-based multinational company that purchased Level Home in 2024, is transferring ...
AppleInsider

ASSA ABLOY acquires Level Lock, creates new Ambient Property Technologies subsidiary

The Level Lock company and brand have been acquired by ASSA ABLOY, a global leader in access solutions. Level M will now operate as a separate entity under the name Ambient Property Technologies. Fans ...

Assa Abloy: World's Largest Lock Company Still Looks Undervalued

Assa Abloy is shifting to a high-margin access platform with recurring revenue and M&A tailwinds. Find out why ASAZF stock is ...
TechHive

Level Lock hardware business acquired by Assa Abloy

Level Home announced today that Swedish manufacturer Assa Abloy has acquired its Level Lock smart lock business. Founded by former Apple employees in 2016, Level Home brought the first Level Lock–a ...
Business Wire

Strategy Analytics: ASSA ABLOY is in the Driver’s Seat in the Consumer Smart Lock Market

BOSTON--(BUSINESS WIRE)--The Power Players in the global smart lock market – Yale, Kwikset, and Schlage – have all but cemented themselves at the top of the global consumer smart lock leaderboard, ...
Morningstar

Assa Abloy Acquires HHI Based on Long-Term U.S. Residential Adoption of Digital and Smart Locks

Based on our initial calculations, Assa Abloy's announced deal to buy HHI would be modestly accretive to our fair value estimate by about 4% and represents a long-term bet on the United States ...