Mergers & Acquisitions

Leviton Manufacturing Co., Inc. - Melville, NY

Original Press Release

Leviton Acquires Fiber Connect

Press release date: Sep 08, 2006

Little Neck, NY, and Chicago, IL September 8, 2006 - The Leviton Manufacturing Company, North America's largest producer of electrical and electronic wiring devices and manufacturer of voice and data solutions, today announced its acquisition of Fiber Connect Incorporated, a Chicago-based provider of Data Center fiber optic solutions. "With this acquisition, our second fiber optic-related acquisition in less than 24 months, our Voice and Data division broadens its suite of Data Center products," stated Daryoush Larizadeh, Leviton's Senior Vice President. "This suite now includes quick-turn, custom, high-performance fiber solutions, a full range of Category-rated connectivity including 10G, as well as cable management and power solutions," Larizadeh added.

"As Fiber Connect reaches its tenth year in business, we are proud to join Leviton," stated Ron Berrettini, President and founder of Fiber Connect. "We can now better serve our clients with Leviton's global manufacturing and logistics capabilities, as well as reach a new set of customers in cooperation with Leviton's sales force. As technology infrastructure evolves, and increases in importance, we will become a global integration organization."

"Data Center infrastructure spending is growing rapidly and increasing in complexity," added Don Hendler, President of Leviton. "We have worked with Fiber Connect over the past few years and we look forward to bringing the benefits of a broad, high-performance solution to Leviton's customers worldwide." With this acquisition, Leviton extends its leading-edge fiber solutions to a wider audience of distributors, contractors and end-users, with faster delivery, superior design and increased technical support for Plug-n-Play Fiber and Data Center applications. The complete Leviton fiber product line includes extensive pre-terminated and field-terminated fiber solutions, a broad selection of standard and made to order fiber optic cable assemblies (trunks), enclosures, cable management and overhead raceways.

Fiber Connect is a wholly owned subsidiary and reports into Leviton's Voice and Data Division, which is led by Ross Goldman, Vice President and General Manager.

About Fiber Connect A data center infrastructure firm, Fiber Connect provides solutions for the most advanced data centers in Fortune 1000 companies. Fiber Connect develops and manufactures fiber optic infrastructure solutions, and provides design, installation, commissioning and maintenance of data centers. Fiber Connect's headquarters is located in St. Charles IL, just outside of Chicago. www.fiber-connect.com

About Leviton Established in 1906, Leviton Manufacturing Company, Inc. is one of the world's most diversified electrical manufacturing companies. Leviton has more than thirty facilities dedicated to engineering, manufacturing and distribution of over 25,000 products for nearly every connectivity need. Leviton's Voice & Data division is dedicated to producing complete copper, fiber and wireless network infrastructure solutions for enterprise, data center, and service provider applications. www.levitonvoicedata.com

Leviton Contact: Ross Goldman Vice President & General Manager Leviton Voice and Data (425) 415-7293

Fiber Connect Contact: Ron Berrettini Vice President Fiber Connect & Data Centers Fiber Connect (630) 443-0500