Smart lock maker Level faces an uncertain future after parent company Assa Abloy reportedly laid off most of its staff, ...

ASSA ABLOY says it remains committed to the Level platform despite widespread layoffs and leadership departures.

Things are changing over at Level, where major names and departments are leaving, causing a lot of comotion and concern over ...

The acquisition of HHI is conditional upon regulatory approval and customary closing conditions and is now expected to close during 2022. STOCKHOLM, Dec. 2, 2021 /PRNewswire/ -- On September 8, 2021, ...

Assa Abloy, the parent company of Level, has laid off most of the company's staff. While the Apple Home Key locks will work ...

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 ...

STOCKHOLM, Sept. 8, 2021 /PRNewswire/ -- ASSA ABLOY has signed a definitive agreement to acquire the Hardware and Home Improvement ("HHI") division of Spectrum Brands (NYSE:SPB) for a purchase price ...

HES and Securitron have united as ASSA ABLOY Electronic Security Hardware, bringing together the best of both brands: the innovation, strength and service of HES with the durability, quality and ...

ASSA ABLOY Set to Control 33% of the Global Smart Lock Market BOSTON--(BUSINESS WIRE)--The Power Players in the global smart lock market – Yale, Kwikset, and Schlage – remain in control of the smart ...

(Reuters) - Assa Abloy AB said on Friday it will sell its Yale and Emtek lock brands, and U.S. and Canada residential businesses to Fortune Brands Home & Security in an $800 million all-cash deal, as ...