Allegion To Acquire Plano Group For Undisclosed Terms

RTTNews | 1025天前
Allegion To Acquire Plano Group For Undisclosed Terms

(RTTNews) - Security solutions provider Allegion plc (ALLE) announced Monday that through one of its subsidiaries, it has signed a definitive agreement to acquire assets of plano group, a software-as-a-service (SaaS) workforce management solution. Terms of the transaction were not disclosed.

Based in Germany, plano has been a long-time service provider and development partner for Allegion's leading European workforce management brand, Interflex, and its SP-EXPERT software platform.

Following the close of the acquisition, plano will continue to serve advanced workforce management (AWFM) customers as part of the Interflex portfolio.

The transaction is expected to close in the first quarter of 2023, subject to customary closing conditions.

Following the closure, the founder of the plano business, Robert Schüler, will join Interflex, helping ensure a smooth integration and driving progress of the AWFM software business strategy.

read more
Allegion Q4 Results Top Estimates; Sees FY23 Earnings Above Market

Allegion Q4 Results Top Estimates; Sees FY23 Earnings Above Market

Allegion plc, a provider of security products and solutions, reported Wednesday higher profit and revenues in its fourth quarter, above market estimates. Further, the company projects fiscal 2023 earnings higher than last year, and above the Street view. John Stone, Allegion president and CEO, said, "... our supply chain actions are achieving positive results..."
RTTNews | 918天前
Japan Data On Tap For Friday

Japan Data On Tap For Friday

Japan is scheduled to release a batch of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are July figures for unemployment, industrial production, retail sales, housing starts and construction orders, as well as August data for household confidence and Tokyo inflation.
RTTNews | 7分鐘前
Euro Climbs Against Majors

Euro Climbs Against Majors

The euro firmed against its major counterparts in the New York session on Thursday.
RTTNews | 39分鐘前
Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.
RTTNews | 4小時17分鐘前
European Stocks Close Weak

European Stocks Close Weak

European stocks closed lower on Thursday as the mood remained largely cautious with investors closely following geopolitical news, digesting tech giant Nvidia's earnings, and some crucial economic data from the U.S.
RTTNews | 4小時37分鐘前
U.S. Pending Home Sales Fall More Than Expected In July

U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
RTTNews | 7小時37分鐘前
Eurozone Economic Confidence Weakens In August

Eurozone Economic Confidence Weakens In August

Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
RTTNews | 7小時48分鐘前