Part II: WeWork + Waltz = Building Take Over

I wrote last week about my initial perspective on this acquisition which was all about validation for the importance of Access Control Technology to Commercial Real Estate (CRE) industry. But step back a moment and lets take a look at the broader impact of this deal.

WeWork just declared themselves. This is the shot across the bow that should wake up the CRE industry to the fact that WeWork aims to take over your buildings. With WeWork’s acquisition of building access control and visitor management provider Waltz, they have set their sites on controlling the access to the building. They even stated publicly that they intend to maintain Waltz’s current customer base — which include some pretty big CRE Landlords.