PALM BEACH GARDENS, Fla. — Late last month, UTC Climate, Controls & Security revealed it had reached an agreement to acquire S2 Security, a leading developer of unified security and video management solutions.
UTC now announces it has completed the acquisition and will combine S2 Security with Lenel to create LenelS2, a global leader in advanced access control systems and services. Terms of the deal were not disclosed.
LenelS2 will provide scalable, cutting-edge customer solutions in the access control and security management systems industry, serving global enterprises to small- and mid-sized companies, according to the company.
“LenelS2 unites two world-class teams with complementary strengths,” says Alex Housten, vice president and general manager, fire & security products, UTC Climate, Controls & Security. “Together, we have more than 50,000 systems installed worldwide. We look forward to providing enhanced service capabilities and offerings for our customers, and accelerating our access control and video-centric solutions for intelligent buildings across the globe.”
Lenel President Jeff Stanek will lead the new organization, while S2 Security Founder and CEO John Moss will serve as Chief Product Officer. The broader leadership team will consist of key members from each company, ensuring that the combined company will bring together the best of both worlds in serving its customers, according to an announcement.
“The depth of Lenel’s OnGuard platform and BlueDiamond mobile credentialing together with the breadth of S2’s product ecosystem and channel, creates a new offering that is far greater than the sum of its parts,” says Moss. “We will continue to advance the capabilities of all product lines, including NetBox and OnGuard.”
