Finland Firm Buys Card Key Systems

From United Press International

Waertsilae Security, Finland's leading security company, has acquired Card Key Systems Inc. of Chatsworth, Calif., for $40 million, a company spokesman said today.

Card Key Systems is one of the leading American companies in the access control systems sector with a 10% share of the U.S. market. Card Key sales for 1988 were $50 million.

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