Acquisition broadens and deepens security systems management and access control equipment capabilities
The Home Technology Group of Nortek, Inc., a group of home and commercial convenience and security electronics companies lead by Linear LLC, a wholly -owned subsidiary of Nortek, has made a move to significantly strengthen its presence in the access control industry with the purchase of International Electronics, Inc. IEI, headquartered in Canton (Boston area), MA. IEI has been in the security and controlled access systems business for over 30 years.
Linear Chairman Grant D. Rummell noted the opportunity for synergy arising from the complementary Linear and IEI product lines. "IEI is a market leader in access control stand alone keypads, locksets, and systems access control products and this will greatly broaden the over -all Linear offering," he said. "At the same time," Rummell pointed out, "IEI's experience and innovation in the areas of access control software adds substantially to our systems depth."
IEI President and CEO John Waldstein stated: "We look forward to the added market presence the association with Linear affords us and the opportunity for growth it provides. Being part of a strong access control and security industry leader allows us to continue to broaden our access control offerings as well as continuing to assure our commitment to excellence in service and support." Plans call for IEI to continue at its Canton, MA, facility and to maintain and expand the IEI brands.
The Home Technology Group of Nortek currently includes twenty -one companies producing nationally recognized brands in such categories as stereo and home theater speakers and controls, distributed audio and video, lighting controls, personal emergency reporting systems, wireless security, structured wiring, automatic garage door openers, and internet connected media products.
Nortek, Inc., internationally headquartered in Providence, RI, is a worldwide manufacturer and distributor of innovative, branded residential and commercial ventilation, HVAC, and home technology convenience and security products.