3xLOGIC Acquires infinias Access Control Lines
3xLOGIC Inc., Westminster, Colo., announced that it acquired the access control product lines of infinias Inc. The acquisition closed on February 27, 2015. 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 more than 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 added, “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.
“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 U.S. 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. To learn more about infinias and the infinias access control line, visit the 3xLOGIC booth (30056) at ISC West.