Home / acquisitions / Avire expands product range with Microkey acquisition

Avire expands product range with Microkey acquisition

Move also increases resources for future product development

Avire has acquired SETCO S.A (www.microkey.es), a specialist in emergency telephones, GSM wireless transmission and monitoring systems for lifts, which are marketed under the Microkey brand.

Rob Lewis, managing director at Avire, said: “This is a really exciting time for Avire, Microkey and our customers. With the addition of Microkey’s cutting-edge technology to Avire’s global footprint, we have created the clear market leader in terms of size and technology. Not only is this good news for our customers now, but with the increased R&D resource, we are expecting even more customer-focused products in the near future.”

Founded in 1986, Microkey is based in Barcelona and is the market leader in emergency telephones for lifts in Spain. The business displays strong core competencies in GSM wireless transmission, machine to machine (M2M) technologies and cloud-based monitoring solutions. The combination of M2M and cloud technologies is beneficial to Avire customers, allowing lift controllers to provide status information and to be remotely updated and maintained.

As Microkey has predominantly been focused on the Iberian peninsula, this acquisition offers exciting new growth opportunities via Avire’s global sales and support channels. In addition, the Microkey product range complements that of Avire, meaning Avire will be able to provide existing customers with new, innovative products and technologies.

For more information visit www.avire-global.com or call +44 (0)1628 540100.

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