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OpenTech Alliance Signs Letter of Intent to Acquire Netherlands-Based SAM Systems

OpenTech Alliance Signs Letter of Intent to Acquire Netherlands-Based SAM Systems

The intended takeover will broaden OpenTech’s worldwide offerings by incorporating a field-tested smart-lock solution built specifically for self storage.

The market has answered the question of whether tenants and operators will embrace keyless access. SAM Systems has developed a solution that works and is very affordable.”— Robert A. Chiti, CEO of OpenTech Alliance

Today, OpenTech Alliance—a PropTech pioneer in the self-storage sector—revealed it has executed a Letter of Intent to purchase SAM Systems B.V., a Dutch access-technology firm that created an NFC latch lock. The transaction is anticipated to finalize during the early part of Q4 this year.

This deal aligns with OpenTech’s approach of sourcing established technologies globally and offering them to self-storage operators in various markets. Buying SAM Systems would bolster the firm’s footprint in Europe and introduce a keyless-entry solution costing less than $100 per lock to its IoE platform. The lock is expected to hit the market in Q1 2027.

“The market has answered the question of whether tenants and operators will embrace keyless access,” said Robert A. Chiti, CEO of OpenTech Alliance. “We are entering the next phase, where owners are considering how to scale it across an entire portfolio. That requires choice in hardware, infrastructure and investment while maintaining a reliable experience for employees and tenants. SAM Systems has developed a solution that works and is very affordable.”

According to sector projections, roughly 500,000 smart locks are currently installed in self-storage sites worldwide, shifting keyless entry from a nascent technology to a progressively vital component of the customer experience.

Engineered expressly for self-storage, the SAM Systems lock is a wireless smart device delivering straightforward, safe, and dependable smartphone entry through combined BLE and NFC technology. A double-tap feature streamlines mobile access: one tap opens the app, and a second tap unlocks the unit immediately. Designed to withstand