Mercury Security
Access Control Hardware and Solutions.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
Mercury Security, founded in 1992 by individuals including Frank Gasztonyi, operates as a specialized manufacturer of Original Equipment Manufacturer (OEM) hardware for the physical access control industry. The company was established with a focus on creating innovative technology for facility security and has since become a significant supplier of open platform access control hardware. In 2017, Mercury Security was acquired by HID Global, a subsidiary of the ASSA ABLOY Group, a move intended to enhance HID's position in the physical access control market by integrating Mercury's controllers into its product portfolio.
The core of Mercury Security's business is providing open architecture hardware to OEM partners, who then build their own access control software solutions on top of it. This business model serves a wide range of clients, from small businesses to Fortune 500 companies, by allowing them the flexibility to choose software that best fits their specific needs without being locked into a proprietary system. Revenue is generated through the sale of its hardware, including intelligent controllers, SIO modules, and readers, to these OEM partners. With a reported installed base of over five million controller panels globally, the company has established a substantial market presence.
Mercury's product line is centered around its intelligent controllers, designed to be the core of an access control system. These products are built on an open platform, which is their primary unique selling point, enabling interoperability with a variety of software and third-party devices. This architecture is designed to be scalable and future-proof, allowing for system upgrades and the integration of new technologies without requiring a complete hardware replacement. Recently, the company introduced the Mercury Embedded Application Environment, which allows developers to create and deploy custom applications directly on the controllers. This feature enhances real-time decision-making at the edge, improves IoT integration, and strengthens cybersecurity by enabling custom logic to run directly on the hardware.
Keywords: access control hardware, OEM manufacturer, physical security, open architecture platform, intelligent controllers, facility security, HID Global, ASSA ABLOY, Frank Gasztonyi, embedded applications, security system integration, access control panels, security hardware supplier, OEM partnerships, scalable security, IoT security integration, building automation, access control solutions, security industry standards, cybersecurity hardware