Key Takeaways ALLE has acquired Gatewise to expand its smart access solutions for multifamily communities. Gatewise offers a mobile app and cloud-based portal to manage gate and unit access. The deal enhances ALLE's Zentra portfolio and aims to simplify access for residents and property managers.Allegion plc (ALLE) recently completed the acquisition of Gatewise Incorporated (Gatewise) through one of its subsidiaries. The financial terms of the transaction have been kept under wraps.Based in Houston, TX, G ...

Core Insights - Allegion US is showcasing the integration of Schlage XE360™ electronic locks with Zentra, enhancing access control for multifamily properties [1][2] - The partnership combines Zentra's cloud technology with Schlage XE360™ Series, providing a user-friendly experience for property managers [2][3] Product Features - Schlage XE360™ Series includes various configurations such as tubular, mortise, and exit trims, offering a cohesive look for properties [4] - The innovative FleX Module™ allows for easy upgrades from offline to real-time connected solutions, adapting to future security trends [4] Market Impact - The integration aims to simplify access management for multifamily properties, meeting evolving demands in security and connectivity [5] - Property managers will benefit from enhanced tools for managing high-traffic communities and improving reporting visibility [4][5] Company Background - Allegion designs and manufactures security and access solutions, with a strong portfolio of brands including Schlage® and CISA® [7] - The company focuses on innovative solutions that enhance safety in residential and commercial environments [7]