Global manufacturer of electrical products Cooper Industries has acquired Illumination Management Solutions, a company engaged in specialized optics and system design for light-emitting diode (LED) fixtures. The terms of the transaction were not disclosed.
IMS manufactures LED systems and fixtures for a variety of lighting applications and has developed innovative LightBARTM technology, which allows for greatly 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.
The acquisition of IMS demonstrates Cooper’s ongoing strategic commitment to become a market leader in energy-efficient solid state lighting solutions, according to Cooper Industries.
Cooper Industries’ Chairman and Chief Executive Officer Kirk Hachigian, said: “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.”
Ron Holder, President of IMS, said: “Optics are critical to improving the energy efficiency of LED fixtures and creating lighting patterns that improve safety and customer comfort. Since its inception, IMS has been an innovator in LED technology and we are excited to bring this technology to Cooper where we will be able to help accelerate product development and reach a greater number of customers.”