Open Options has appointed Steve Wagner as the company’s new President. Steve began his career in the industry in 1986 as VP of Sales & Marketing for Checkpoint Systems. He moved on to become the COO with HID Global for 8 years. In 2009, Steve became the President of Mercury Security and successfully grew that business which was eventually sold to HID Global/Assa Abloy. Steve brings a wide breadth of knowledge and experience to the Open Options team.
ACRE announced it has entered into a definitive agreement to acquire Open Options based in Addison, Texas. This purchase will enhance ACRE’s strategic expansion plans for strengthening its access control business and product portfolio. ACRE’s CEO, Joseph Grillo, stated that this transaction will continue to expand ACRE’s competitive position in a highly fragmented market with great growth potential.