SecurityWorldMarket

01/08/2007

The Chamberlain group acquires International Electronics

Elmhurst, Illinois (USA)

Established in 1985, IEI is a manufacturer of a diversified line of consumer and professional electronic products under such brands as Oracle and Reporter and is known for their innovative use of wireless technologies for security and access control. Other product lines include wireless headsets and intercoms, as well as electronics for internet and automotive applications.

"This acquisition gives Chamberlain the ability to leverage IEI's existing array of wireless technologies throughout our residential and commercial access control product lines," says J. David Rolls. CEO, Chamberlain "The combination of Chamberlain's worldwide resources with IEI's unique technology capabilities will provide customers with even more integrated access solutions and innovation. We are impressed with their current product lines and the new, revolutionary products to follow"

"We are excited about the opportunity to enhance our capabilities," says IEI president & CEO Shary Nassimi, who will remain with the company in a consulting role to oversee new product innovation.



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