Today we officially join the Americas division of ASSA ABLOY, the largest lock and access control company in the world. While August Home will continue to operate independently from our headquarters in San Francisco, we will immediately begin the work of exploring how we leverage our talent, technology expertise and software-centric approach with the capabilities, reach and distribution of ASSA ABLOY.
Accelerating In-home Delivery
Our two companies have a shared vision for both smart doors and making in-home delivery a reality. At August Home, we’ve been executing against our vision for August Access since 2015 and have seen tremendous momentum through independent pilots we’ve completed and, most recently, our partnership with Walmart to deliver groceries directly into consumers refrigerators.
The close of the ASSA ABLOY acquisition will allow us to continue on this trajectory and begin integrating August Access across ASSA ABLOY’s broad portfolio of locks to make these services more broadly available for a wider variety of door and lock types in North America and internationally. In early 2018 this will include adding Yale locks to the August Access platform to enable in-home delivery and services.
Additionally, our cloud platform allows Yale to expand the capabilities of its locks with powerful integrations. Together we can offer a flexible multi-family dwelling lock solution that uses August or Yale locks and provides value for both residents and property managers. One benefit is the ability to eliminate package delivery issues in multi-family buildings by allowing delivery services to place packages inside the building.
Portfolio and Channel Expansion
August Home strengthens ASSA ABLOY’s residential smart door strategy with complementary smart locks, expansion into doorbell cameras, an established retail channel and comprehensive solutions for home delivery.
Alignment with the ASSA ABLOY/Yale brand will broaden opportunities for August in the professional channel. Yale has established relationships across builders, architects and professional installers in the security channel. This will give Yale’s professional installers a retrofit lock to add to their portfolio.
A Culture of Innovation
While this acquisition is a significant milestone for both companies, it’s important that our customers know we will maintain our founding principles of innovation that have driven the company from the beginning. I am also personally committed to working with ASSA ABLOY to continue making the smart home an accessible reality and see our vision for unattended secure delivery continuing to materialize over the coming years.
Excited for what’s next,
Jason Johnson, August Co-founder & CEO