Chamberlain Group
Chamberlain Group provides smart home technology and access solutions, with products installed in over 50 million homes and used by millions globally. It operates in over 60 locations and offers a range of devices through its myQ app, serving both residential and commercial markets.
Company Overview
The Chamberlain Group provides technology solutions that ensure safe and secure movement through homes, communities, workplaces, and businesses. Known for its myQ smart home ecosystem, the company operates in over 60 locations worldwide and employs more than 6,000 people globally. Chamberlain's products are utilized in over 50 million homes and 7,500 communities, emphasizing its significant footprint in the smart home and security sectors.
myQ Smart Home Ecosystem
The myQ app by Chamberlain leverages smart home technology to offer devices and accessories that enhance home security and convenience. myQ technology provides control of garage doors from anywhere and has already connected over 11 million users. Additionally, the myQ Community platform serves more than 200,000 residents, expanding the company's reach in residential communities. As of 2023, myQ Connected Garage is integrated into vehicles from five major automakers and is available at Lowe’s stores nationwide.
Acquisitions and Strategic Expansions
Chamberlain has a history of strategic acquisitions aimed at diversifying its product offerings and expanding market reach. Key acquisitions include Perma Power in 1968, Controlled Products Systems Group in 2014, and Systems LLC in 2017. In 2019, Chamberlain acquired Lockitron and Tend to incorporate smart locks and video capabilities into its products. Additionally, the company expanded its geographical footprint by opening a new location in Pune, India, in 2023.
Innovations and Milestones
Chamberlain has been at the forefront of innovation in the smart home and security sectors. Notable achievements include the introduction of the first radio-controlled garage door opener by Perma Power in 1968, the first wireless keyless entry system in 1989, and the launch of the myQ smart home app in 2011. In 2020, the company partnered with Amazon Key for in-garage deliveries. Recently, myQ reached a milestone of 10 million connected users across the U.S. in 2023.
Global Brands and Products
Chamberlain operates several renowned brands, including LiftMaster, Merlin, and Grifco. LiftMaster provides professionally installed solutions for homes, businesses, architects, and builders. Merlin is a leading manufacturer of residential garage door openers in Australia and New Zealand, while Grifco specializes in commercial door operators and automated gates in the same regions. Additionally, Controlled Products Systems Group holds the largest inventory of perimeter access control equipment in the U.S., and Systems LLC manufactures loading dock equipment domestically.