Ever walk up to your door, hands full of groceries, and wished it would just unlock? Yeah, me too. That’s probably why the tech world went bananas over smart locks a few years back. Remember Level Lock? They were kind of a big deal, making those sleek, almost invisible smart locks that were supposed to make life easier.
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New Name, New Focus
Well, buckle up, because things just got interesting. Level Lock has been scooped up by none other than Assa Abloy – you know, the lock giant. And it’s not just a name change (say hello to Ambient Property Technologies), their whole game plan has shifted.
Remember how Level was all about making your house the coolest on the block? Now, they’ve got their sights set on bigger things – think apartment complexes and multifamily buildings.
From Your Door to Your Building
So, what does this mean for you? Well, if you’re renting, you might soon be saying goodbye to those clunky old keys and hello to a fancy new app. Ambient Property Technologies is cooking up a new app specifically for apartment dwellers, promising a seamless (hopefully painless) transition to a digital world.
It seems like Assa Abloy sees a big future in this whole digital access thing, with one of their bigwigs even mentioning a move away from traditional locks. I guess those old-school keys really are on their way out!
Level Lock Acquired: The Bottom Line
Leading the charge at Ambient Property Technologies is Mike Rovito, taking the reins as CEO. Will they succeed in making apartment living a little smoother? Only time will tell. But one thing’s for sure, with this acquisition, the future of how we unlock our world is about to get very interesting.