Assa Abloy

May 12, 2021

ASSA ABLOY invests in Paravision in the US

ASSA ABLOY has invested in Paravision, a leading provider of advanced facial recognition solutions and recognized for its world-class leadership in accuracy. "The investment in Paravision is a strategic technological investment for the ASSA ABLOY Group and will accelerate the development of biometric solutions that leverage facial recognition algorithms and provide complementary growth opportunities,” says Nico Delvaux, President and CEO of ASSA ABLOY. “In partnership, HID and Paravision have already cooperated on projects and we look forward to further advancing our collaboration

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Securitas signs new revolving credit facility agreement and a new loan agreement

Securitas
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Securitas has signed a MEUR 1 100 multi-currency revolving credit facility agreement. In addition, a MUSD 190 loan agreement maturing in 2032 has been signed with Nordic Investment Bank. The new revolving credit facility consists of two tranches: one MEUR 900 tranche maturing 2030 and one MEUR 200 tranche maturing 2028. Each tranche may be extended by up to two years. The new facility replaces the existing MEUR 1 029 revolving credit facility originally signed April 2020. Coordinating Mandated Lead Arrangers and bookrunners are Bank of America, Danske Bank and SEB. Mandated Lead
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Octave® unveiled: Hexagon reveals name for potential 2026 company spin-off

Hexagon
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· Hexagon has announced that the spin-off of its Asset Lifecyle Intelligence and Safety, Infrastructure & Geospatial divisions, and related businesses, will operate as Octave. · Octave will be a pureplay software and SaaS company focused on helping customers make smarter, more data-driven decisions across their organisation. · If approved by relevant stakeholders, it is the Hexagon Board’s current expectation that the separation and listing process will be completed in the first half of 2026 Stockholm, Sweden, 17 June 2025 – As Hexagon AB prepares for the potential spin-off of
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Hexagon launches AEON, a humanoid built for industry

Hexagon
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2025
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· Hexagon leverages industry-leading expertise in measurement technologies, AI and autonomous systems to introduce an advanced humanoid robot to accelerate next-generation autonomy. · AEON combines best-in-class locomotion, sensor fusion, and AI-based spatial intelligence to address labour shortages and tackle industrial use cases. · Schaeffler and Pilatus will pilot the humanoid across a variety of use cases and environments. Stockholm, Sweden, 17 June 2025 – Hexagon, the global leader in measurement technology, launches a humanoid robot, AEON, at its flagship Hexagon LIVE Global
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