Updated: Sep 26, 2022
With the recent announcement of Melrose Industries' divestiture of Nortek Control for $285M, Kirk believes the acquirer is most likely entering the intrusion market and expanding a broad ancillary portfolio, blending other established vertical product lines, such as access control, with intrusion.
Nortek, who recently launched a new intrusion touchscreen panel, will provide the new acquirer the benefit of their previous R&D work. They will also be able to focus on looking forward rather than in being in acquired “mode.”
The competitive landscape in the North America intrusion space is a bit crowded and competitors will need to step up their product roadmap, getting new products to market faster and above all, helping their dealers and integrators succeed.
Read more about this developing story on Security Sales & Integration: