At the end of last year, ACRE announced the acquisitions of Feenics and Matrix Systems. In this note, ACRE CEO Joe Grillo explains the rationale behind the acquisitions and how the deals can benefit all companies involved.
At the end of last year, ACRE
announced the acquisitions of Feenics and Matrix Systems. In this note, ACRE CEO Joe Grillo explains the rationale behind the acquisitions and how the deals can benefit all companies involved.
In December last year, ACRE acquired Feenic and Matrix Systems. Feenics, headquartered in Ottawa, Canada, is strong in the cloud-based access control business and is known for Keep, an ACaaS platform built specifically for and hosted in the public cloud. Matrix Systems, based in Miamisburg, Ohio, is an access control and video surveillance solutions provider with well-known end user customers in various verticals. These ...