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December 7, 2021

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The 2022 State of Physical Access Control Report

Acquisitions

ACRE announces Feenics and Matrix acquisitions

Security systems specialists, ACRE, has announced the acquisitions of cloud-based access control solutions, Feenics, and access control and security management technologies provider, Matrix, to round off 2021. 

Feenics develops Keep, a cloud-hosted platform that provides extreme scalability, unprecedented flexibility, and advanced security with its ACaaS applications.

It integrates native visitor management and a RESTful API that allows simple integration of complementary systems and devices, said to result in a lower total cost of ownership.

Sam Shalaby, Founder and CEO of Feenics, says: “We are extremely excited about joining forces with the ACRE organisation.

“ACRE has positioned itself as the technology leader in the delivery of trusted and reliable global security solutions. We share a common mission of constantly seeking new ways to best support the evolving needs of today’s mission-critical security environments.”

Matrix Systems provides access control and security management technologies to well-known organisations, such as Miami International Airport, The Ohio State University, Cleveland Clinic, and General Electric.

Bruce Rogoff, CEO at Matrix, concludes: “ACRE was an ideal fit for our business because we share a commitment to making sure our customers receive excellent service and support.

“Additionally, our clients gain access to an innovative and compelling roadmap that builds on the proven Matrix product line with ACRE’s expertise in security.”

“Our goal is to bring the industry’s best technology innovators into our network of brands,” said Joe Grillo, CEO, ACRE. “Feenics’ cloud architecture and Matrix’s simplified approach to integration have helped both brands build significant loyalty from a wide range of customers in rapidly growing markets, and we look forward to supporting both brand’s continued growth.”

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