Horizon Control Acquired by Acuity Brands
Aug 16, 2011
A market leader in energy-efficient technology, Acuity Brands has announced its addition of Horizon Control Inc. to the company. Horizon Control was a lighting research and development business focused on PC-lighting. Over 15 years, its team has produced licensed products for the entertainment and architectural lighting markets.
Unfortunately for those invested in Acuity Brands, the terms of the sale have not been revealed; however, the company also maintains that it should not negatively affect "future consolidated financial results".
Up until now, Horizon Control has been used in lighting control by involved professionals for "theaters, theme parks, convention centers, hotels, [etc.]" and many other public spaces. These customers will continue to be supported as the transition is made. The company has built a reputation as a provider of quality and advanced products for its customers, included among those is LED lighting. The ability of the company to pioneer LED technology and to create new, relevant products is one of the reasons Acuity Brands added the business.The original Horizon Control team remains intact as it merges with Acuity Brands, and will continue their research and development.
Author: Rebecca Milne
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