By HTN Staff - 4.2.2024
ASSA ABLOY, a Swedish conglomerate renowned for its comprehensive range of products and services in locks, doors, gates, and entrance automation, has announced a strategic move to bolster its presence in the hospitality sector. The company has signed an agreement to acquire Nomadix and Global Reach, leading providers based in the US and UK, respectively, known for their innovative Wi-Fi access and engagement platform solutions for hotels and resorts worldwide.
This acquisition will allow ASSA ABLOY to further enhance its offerings within the hospitality business and explore complementary growth opportunities. Terms of the acquisition have not been disclosed. The acquisition is subject to customary closing conditions and is expected to close during the second quarter of 2024.
Nomadix and Global Reach bring to the table a robust tech platform that encompasses hardware, software, and analytics tools designed to securely connect and engage with customers and devices via Wi-Fi networks. This acquisition is poised to enrich ASSA ABLOY’s technological capabilities.
“Nomadix and Global Reach are excellent additions to Global Solutions and will with their strong technical expertise expand our portfolio and end-to-end offering for our hospitality business and adjacent verticals. I look forward to working with the experienced teams to continue the successful journey,” says Stephanie Ordan, Executive Vice President and Head of Global Technologies business unit Global Solutions, in a press statement.
Founded in 1998, Nomadix and Global Reach have a combined workforce of some 120 employees and main offices in Los Angeles and London, the companies have operated under a unified management and ownership structure. Post-acquisition, they will be integrated into the Global Solutions business area Hospitality of ASSA ABLOY.
Nomadix’s hotel technology solutions have been pivotal in addressing the unique challenges faced by hotel owners and operators. These challenges include delivering exceptional services within budgetary constraints, navigating evolving guest expectations, technological advancements, and heightened market competition. As the demand for superior hotel Wi-Fi and advanced in-room guest technology surges, Nomadix has positioned itself as a seasoned industry leader, offering reliable, feature-rich solutions that seamlessly integrate with existing technological frameworks.
The product offerings from Nomadix, such as the Nomadix Hotel Portal, Nomadix Networks, and Nomadix Casting, focus on enhancing guest connectivity and optimizing hospitality technology. These solutions are designed to streamline Wi-Fi management, provide seamless and secure internet access, and offer innovative in-room entertainment solutions for elevating the guest experience.