Leviton to Acquire ControlThink - ResidentialSystems.com

Leviton to Acquire ControlThink

The acquisition is set to create new partnership opportunities in the wireless home control market.
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Little Neck, NY--Leviton Manufacturing Company Inc., North America's leading producer of electrical and electronic wiring devices, is pleased to announce that it has entered into an agreement to acquire ControlThink LC, a leading home and building control software and services company. The acquisition will join Leviton's strengths in product manufacturing and distribution with ControlThink's PC-, CE- and mobile phone-based solutions for intelligent home control. Both Leviton and ControlThink utilize standards-based technologies such as the Z-Wave open, wireless home control architecture. As a Leviton company, ControlThink will develop new products that offer superior software design, high quality and interoperability with products from allied industry partners.

"As we advance through our second century as an industry leader, Leviton is committed to offering innovative, market-sensitive products and services to the home-technology segment of our business. ControlThink's extensive software and services capabilities will uniquely position Leviton as the premier industry partner for residential control solutions," said Bob Becker, Leviton's vice president and general manager - residential business.

Operating as a separate, wholly-owned subsidiary, ControlThink will continue to offer market-leading solutions to its existing OEM partners and customers, while aligning with Leviton to expand the market for intelligent home control solutions, products and services. "Leviton made residential structured wiring a mass-market reality, and we intend to do the same for home control. This acquisition creates many new opportunities for manufacturers and integrators to strategically join in providing best-in-class, end-to-end interoperable home control solutions," added Ian Hendler, Leviton's Director of Business Development.

"Four years ago, we set out to bring the benefits of home control technology to every homeowner. We look forward to turning this vision into a reality through our combined resources and growing network of industry partners. We are very excited to become part of the Leviton family of companies. Leviton is one of the most recognized and established brands in the industry," said Chris Walker, ControlThink president.

Visit www.leviton.com.

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