SecurityWorldMarket

14/02/2012

Cooper Industries acquires Fifth Light Technology

Dublin, Ireland

Cooper Industries plc, a global provider of electrical solutions, has announced the acquisition of Fifth Light Technology, Ltd. Fifth Light is a privately owned company based in Oakville, Canada that specialises in the design, sale and implementation of digitally addressable lighting interface (DALI) solutions and a suite of centralised 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. With this acquisition, Cooper Controls expands its portfolio of energy management solutions by combining its hardware portfolio with Fifth Light's 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."

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