Assa Abloy to acquire Control iD.

Assa Abloy, a Swedish conglomerate, agreed to acquire Control iD, a developer of hardware and software solutions for access control and time & attendance. Financial terms were not disclosed. "I look forward to welcoming Control iD and their employees into the ASSA ABLOY Group. Control iD is a strategic technological addition; reinforcing our current access control and biometrics offerings, providing complementary growth opportunities, and enabling us to grow our market leadership in emerging markets," Nico Delvaux, Assa Abloy President and CEO.