distribution & supply L'industrie électrique
NETcomm Energy Management

Leviton acquires Home Automation

Thursday, 02 August 2012 15:30
August 2, 2012 - Today, Leviton Manufacturing Co., a global manufacturer of electrical devices, announced the acquisition of Home Automation Inc. (HAI).
Incorporated in 1985, HAI offers various automation products, including home control systems, programmable communicating thermostats, smart light switches, and software that allows access and control of an automation system over the internet.  

HAI enhances Leviton’s current home automation offerings by providing "homeowners with solutions that combine security, energy management and entertainment controls, in user-friendly applications", said Leviton.

b_200_0_16777215_0___images_stories_home-automation-inc-logo-web.jpgHAI will operate as a new, standalone business unit, branded HAI by Leviton, and maintain operations in New Orleans, La. The new business unit will be managed by Jay McLellan, current CEO and president of HAI, who will report directly to Daryoush Larizadeh, COO of Leviton.

“Leviton’s acquisition of HAI represents a significant expansion of our offerings in the residential market, and furthers Leviton’s commitment to providing customers with the latest technologies as affordable, easy-to-use solutions,” said Daryoush Larizadeh, COO of Leviton.

“We are proud to be part of the Leviton team, joining a company with a rich history and well-established brand,” added McLellan.
Last modified on Thursday, 02 August 2012 15:44

comments  

 
0 #1 Mike 2012-08-23 06:04
This acquisition can affect the market in one of two ways. It can either offer development of brand new home automation systems with more variety in device capabilities, or it can mean (even more) fragmentation in the home automation systems market. But the demanding homeowners will be the driving force in either direction. http://www.milehighautomation.com
Quote
 

Add comment


Security code
Refresh


Featured Video

More Videos...

Latest Video

More Videos...