Acuity Brands Acquires IOTA Engineering

Acuity Brands, Inc., Atlanta, has acquired IOTA Engineering, LLC, Tucson, AZ, a manufacturer of emergency lighting products and power equipment for commercial and institutional applications.

IOTA began in 1968 as an electronics R&D specialist serving the lighting industry. Its initial focus was on low voltage solid state ballasts for fluorescent applications.

IOTA`s product portfolio today includes LED emergency drivers, emergency solutions for fluorescent ballasts and LED retrofits, emergency inverters and emergency lighting controls and accessories. Acuity’s press release said IOTA was the first to bring UL Classified LED emergency drivers to the industry, enabling specifiers and distributors to offer LED emergency solutions for field installations and retrofit projects.  IOTA`s product portfolio will complement and align with Acuity Brands` existing Power Sentry emergency product line to form a market-leading solution offering, Acuity said.

The acquisition is not expected to materially impact Acuity`s fiscal 2018 consolidated financial performance.  Terms of the acquisition were not disclosed.