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.

“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.



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