ASSA ABLOY Acquires 3millID and Third Millennium

January 8, 2025

ASSA ABLOY has signed an agreement to acquire 3millID Corporation and Third Millennium Systems Ltd, companies focused on readers, credentials, and access control solutions for physical access. The companies—headquartered in the US (Colorado) and the UK (Wales)—have a combined workforce of about 40 employees and are expected to close in the first quarter of 2025.

Buyers
ASSA ABLOY
Targets
3millID Corporation, Third Millennium Systems Ltd
Location
Colorado, United States
Transaction Type
Buyout

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