ATLANTA–(BUSINESS WIRE)– Acuity Brands (NYSE:AYI –News), a market leader in innovative energy-efficient lighting and control solutions, today announced that it has acquired for cashHorizon Control Inc. (“Horizon Control”), a lighting control research and development company specializing in PC-based lighting control systems.
For over 15 years, Horizon Control and its management team have developed and licensed products to the entertainment and architectural lighting control markets. Terms of the acquisition were not disclosed and the acquisition is not expected to materially impact Acuity Brands’ future consolidated financial results.