Sale of dorma+kaba Group’s AutoTime software business to Kronos Incorporated is completed

Rümlang,

dorma+kaba Group has completed the sale of its AutoTime software and related activities to Kronos Incorporated, Chelmsford Mass. (USA), as all formalities of the transaction have been settled. The intended transaction had been announced on 19 August 2015. The closing of the transaction allows Kaba Workforce Solutions to fully concentrate on its core B-COMM product, which provides connectivity between Kaba’s broad range of industrial grade terminals and many of today’s leading ERP systems including SAP, Oracle, Axapta, and others. dorma+kaba continues also to design, develop, produce and sell workforce management terminals on a global basis.