Cooper Acquires Fifth Light Technology
Cooper Industries PLC have announced the acquisition of Fifth Light Technology, Ltd. Fifth Light is a privately owned company based in Oakville, Canada that specializes in the design, sale and implementation of digitally addressable lighting interface (DALI) solutions and a suite of centralized building management software applications. This portfolio of solutions enables facility management to measure and control energy consumption across individual fixtures, as well as provide for the integration and control of other building management systems across multiple applications. Over the past several years, Fifth Light has installed over 100,000 control devices in premier locations across North America, saving customers significant energy usage associated with their lighting systems. Terms of the acquisition were not disclosed.
Fifth Light will become part of the Cooper Controls business unit within Cooper Lighting, an industry leader committed to delivering innovative products and driving transformational technology in the lighting industry. With this acquisition, Cooper Controls expands its portfolio of energy management solutions by combining its broad hardware portfolio with Fifth Light’s industry-leading software capabilities. This is Cooper Lighting’s fifth controls-related acquisition, which will now broaden the company’s ability to provide a wide range of indoor and outdoor LED lighting products as well as an array of sophisticated controls solutions in both the domestic and international markets.
“Cooper is committed to delivering the leading energy efficiency products and solutions to our customers both domestically and globally,” said Cooper Industries Chairman and Chief Executive Officer Kirk S. Hachigian. “The acquisition of Fifth Light expands our ability to integrate controls solutions with solid state lighting technologies, enabling our customers to significantly reduce their energy consumption while also improving the light quality of their facility.”
About Cooper Industries
Cooper Industries plc (NYSE: CBE) is a global electrical products manufacturer with 2011 revenues of $5.4 billion. Founded in 1833 , the Company has seven operating divisions with leading market positions and world-class products and brands, including Bussmann electrical and electronic fuses; Crouse-Hinds and CEAG explosion-proof electrical equipment; Halo and Metalux lighting fixtures; and Kyle and McGraw-Edison power systems products. In 2011 fifty-nine percent of total sales were to customers in the industrial and utility end-markets and forty percent of total sales were to customers outside the United States. Cooper has manufacturing facilities in 24 countries as of 2011. For more information, visit the website at www.cooperindustries.com.
About Cooper Lighting
Cooper Lighting, a subsidiary of Cooper Industries plc, is a provider of innovative, high quality interior and exterior lighting fixtures and related products to worldwide commercial, industrial, retail, institutional, residential and utility markets. They also offer a comprehensive program of educational classes for the lighting design community through their education facility located at Cooper Lighting’s headquarters in Peachtree City, Georgia. For more information, visit www.cooperlighting.com.
About Cooper Controls
Cooper Controls, a business unit of Cooper Lighting, is a supplier of energy management, architectural, and entertainment lighting controls. It was formed by the acquisition of Novitas Inc. in November 2005, Polaron plc in March 2007, PCI Lighting Control Systems in August 2007, and ALC Lighting Controls in November 2010. Cooper Controls includes leading brands such as iLight (International), iLumin (North America), Greengate, and Zero 88. For more information, visit www.coopercontrol.com.