ASSA ABLOY Shuts Down Level Lock Nine Months After Acquisition, Leaving Customers Stranded

ASSA ABLOY has folded Level Lock into Kwikset and laid off staff less than nine months after acquiring the smart lock maker in September 2024. The move prioritizes rapid cost recovery, but Level Lock customers face an uncertain path forward—their devices rely on cloud servers and Apple HomeKit integration that may be shut down before migration options become clear.