Cooper acquires Illumination Management Solutions
March 21, 2009
March 21, 2009
Cooper Industries has acquired Irvine, Calif.-based Illumination Management Solutions Inc. (IMS), a player in specialized optics and system design for LED (light-emitting diode) fixtures. Terms of the transaction were not disclosed.
Cooper Industries has acquired Irvine, Calif.-based Illumination Management Solutions Inc. (IMS), a player in specialized optics and system design for LED (light-emitting diode) fixtures. Terms of the transaction were not disclosed.
“The
acquisition of IMS demonstrates Cooper’s ongoing strategic commitment
to become a market leader in energy-efficient solid-state lighting
solutions,” said Cooper Industries chair and CEO Kirk S. Hachigian.
He added that LED technology is a key growth platform for Cooper, having previously acquired io Lighting and UK-based Clarity Lighting. Cooper also continues to make organic investments in this technology platform with the construction of its Cooper Lighting LED Innovation Centre in Peachtree City, Ga., which will act as a centralized resource for all global LED-based activities, and will leverage technology from Cooper Crouse-Hinds, Cooper Safety and Cooper Lighting.
“The acquisition of IMS and the talent it brings into our organization strongly complements our technology investments by adding enhanced capabilities in LED-systems and optical design. As a result, Cooper will be able to bring more LED-based solutions to the market faster across our global portfolio and it better positions the company to meet the expected global demand for more energy-efficient solutions and infrastructure investment, including the American Recovery and Reinvestment Act of 2009,” said Hachigian.
IMS designs and manufactures LED systems and fixtures for a variety of lighting applications and has developed LightBAR technology, which allows for extended design life and performance in roadway and infrastructure lighting, as well as safety applications in oil and gas, emergency lighting and other industrial applications.
CLICK HERE to visit Cooper Industries.
He added that LED technology is a key growth platform for Cooper, having previously acquired io Lighting and UK-based Clarity Lighting. Cooper also continues to make organic investments in this technology platform with the construction of its Cooper Lighting LED Innovation Centre in Peachtree City, Ga., which will act as a centralized resource for all global LED-based activities, and will leverage technology from Cooper Crouse-Hinds, Cooper Safety and Cooper Lighting.
“The acquisition of IMS and the talent it brings into our organization strongly complements our technology investments by adding enhanced capabilities in LED-systems and optical design. As a result, Cooper will be able to bring more LED-based solutions to the market faster across our global portfolio and it better positions the company to meet the expected global demand for more energy-efficient solutions and infrastructure investment, including the American Recovery and Reinvestment Act of 2009,” said Hachigian.
IMS designs and manufactures LED systems and fixtures for a variety of lighting applications and has developed LightBAR technology, which allows for extended design life and performance in roadway and infrastructure lighting, as well as safety applications in oil and gas, emergency lighting and other industrial applications.
CLICK HERE to visit Cooper Industries.
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