Leviton Acquires Integrated Metering Systems
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Acquisition to deliver revenue grade energy management metering and verification and supports the LEED® Certification process for commercial energy users
MELVILLE, N.Y., Dec. 1, 2010 - Leviton Manufacturing Company, the leader in electrical wiring devices, lighting energy management systems and commercial data networking solutions, today announces the acquisition of Integrated Metering Systems (IMS), a leading manufacturer of revenue-grade sub-metering solutions. Combined with Leviton's worldwide distribution and sales channels, the acquisition will enable Leviton to offer its customers the most complete line of lighting energy management solutions. A complementary strategic addition to Leviton's current line, Leviton can now offer solutions to meet all measurement and verification based opportunities such as smart metering, load management and LEED rating achievement.
"IMS is a key acquisition that supports our leadership in sustainable energy technologies," states Daryoush Larizadeh, Leviton's Chief Operating Officer. "As the leader in lighting energy management solutions, our expansion into the measurement and verification market supports our customers' efforts to validate and optimize the performance of their systems in pursuit of LEED credits and reduced energy use. This positions Leviton as a single source solution by providing an integrated approach for tracking, monitoring and verifying lighting consumption and implementing cost and carbon footprint reduction."
"We are pleased to join Leviton's industry-leading, world-class operation," says Charles Wilde, founder and President of IMS. "With the addition of IMS' precise energy measurement and verification systems, Leviton can now offer its customers an integrated solution for achieving their sustainability goals and green building programs."
About IMS
IMS is a manufacturer of sub-metering systems that quantify electrical energy for dozens of applications, including tenant billing, energy management, solar PV production, cost accounting, and a wide range of other applications to control and manage energy usage and costs. Unlike other electric utility meters, IMS revenue-grade meters do not plug into a meter socket, so there is no need to re-route power wires. Founded in 1989, IMS serves the industry as a pioneer in measurement and verification with diverse products for residential, commercial, and industrial applications.
About Leviton
Leviton is a global leader in electrical wiring devices, data center connectivity solutions and lighting energy management systems. A member of the USGBC (United States Green Building Council), Leviton was founded at the turn of the 20th century, and has grown to become a preeminent leader in the industry. Today Leviton's product portfolio consists of over 25,000 devices and systems used in homes, businesses and industry. Nine out of ten buildings and homes throughout North America use products made by Leviton and builders, electrical contractors and other industry professionals rank Leviton products #1 in brand preference. Leviton products are the smart choice for smart professionals. For more information contact Leviton Manufacturing or visit leviton.com.
SOURCE Leviton Manufacturing Company
CONTACT:
Bob Freshman,
Marketing Manager,
+1-503-404-4751,
bfreshman@leviton.com
Web Site: www.leviton.com
