“This is an incredibly exciting time for us,” commented Matthew Kushner, CEO of 3xLOGIC. “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 the locations of Westminster, Colorado (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 locations to support growth.
Matthew 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.
“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. 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.