3xLOGIC Acquires infinias Access Control Lines
3xLOGIC Inc., Westminster, Colo., announced that it has acquired the access control product lines of infinias Inc., Indianapolis. The acquisition closed on February 27, and all related personnel and other moves were completed by March 2, 2015.
“This is an incredibly exciting time for us,” commented Matthew Kushner, CEO of 3xLOGIC. “We are already a leader in video products with our VIGIL VMS, and in business intelligence, data management and cloud-based services with the release of our VIGIL Trends software. Acquiring the infinias access control lines is a natural next step in our evolution to a full solutions provider.”
The combined company will have over 120 employees, and will continue to conduct business in its multi-national locations: Westminster, Colo., (corporate headquarters), Indiana, Florida, Canada, and China. In addition, 3xLOGIC is currently expanding into the European market with offices soon to be established in key strategic locations to support growth.
Kushner continued, “infinias’ cloud-based, integrated solution is a highly innovative, scalable product. The company’s access control technology was the missing piece in our overall product offering, which previously consisted of video, business intelligence and managed services.”
He added: “Coupled with our cloud-based video solution, this acquisition means 3xLOGIC now will offer a fully integrated, scalable video and EAC cloud solution suited to small or mid-sized businesses and all the way up to those with multiple locations in the US and even around the world. Adding infinias to our product portfolio means we are now in the position to change the way the industry looks at access control and video.” Financial details of the transaction were not released.
Learn more about infinias and the infinias access control line at the 3xLOGIC booth (#30056) at ISC West, April 15 to 17, 2015 in Las Vegas.