Eaton Ephesus Lighting Acquisition
Ephesus lighting was acquired by eaton a pittsburgh based power management company last week.
Eaton ephesus lighting acquisition. Power management company eaton outlined how recently acquired ephesus lighting a syracuse n y based manufacturer of connected light emitting diode led lighting solutions for sporting venues and high lumen outdoor and industrial applications will create new value for a wide range of customers ephesus lighting is a provider of high output controlled lighting solutions that harness advanced. See more acquisitions these are all the companies that eaton has acquired. Pittsburgh pa power management company eaton today outlined how recently acquired ephesus lighting a syracuse n y based manufacturer of connected light emitting diode led lighting solutions for sporting venues and high lumen outdoor and industrial applications will create new value for a wide range of customers. Signify stated a number of benefits that it would leverage from the acquisition but two stand out.
Ephesus lighting is a market leader in high output controlled lighting. Beginning with their connected light emitting diode solutions lighting up the inside of the university of phoenix stadium uop for super bowl 49 early in 2015. The company made the announcement at its annual investors conference and further said that goldman sachs is serving as a. Ian white of eaton s ephesus sports lighting discusses how the company s technology continues to evolve since introducing led sports lighting in 2012.
Ephesus is a manufacturer of connected light emitting diode lighting solutions for sporting venues high lumen outdoor and industrial applications. The 13 billion acquisition of cooper the largest in eaton s 101 year history is a transformational milestone that expands our market segment reach broadens our portfolio of products services and solutions and strengthens our global geographic footprint said alexander m. We question we seek and we solve. Eaton had acquired cooper lighting as part of the cooper industries acquisition back in 2012.
Cutler eaton chairman and chief executive officer. Eaton s led centric lighting unit will become independent company eaton nyse etn has announced its intention to spin out its led centric lighting business into an independent publicly traded entity by the end of 2019. The company said the cooper deal will boost its revenues from the professional sales sector from 42 to 53 of total sales. At cooper lighting solutions we build forward thinking lighting solutions that make people s lives safer while making buildings homes and cities smarter and more sustainable.