Yale parent company acquires fellow smart lock maker August Home | iLounge News

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Yale parent company acquires fellow smart lock maker August Home

On the heels of its release of a new doorbell cam and smart lock, August Home has been acquired by Assa Abloy according to a press release from the company. Assa Abloy is the parent company of Yale Locks & Hardware — a competing smart lock maker — but in a statement August’s representative said, “August will continue to operate independently, now part of the Americas division of Assa Abloy, pending regulatory approval. Jason Johnson will remain CEO and the August brand will continue to be sold in North America.”

Yale also has some big new developments this month, releasing the Assure Lock SL and rolling out HomeKit support for its Assure Lock family of products when used with the company’s iM1 Network Module. The Assure Lock SL retails for $200 and includes the iM1 module, while the module itself retails for $50 for those looking to add it to an existing lock system for remote control.

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