(Universal), a leading manufacturer of energy-efficient lighting technologies, announced that it has acquired selected assets, including all intellectual property, from the bankruptcy estate of Energy Savings, Inc. (ESI), a manufacturer of electronic lighting ballasts and dimming controls.
“The acquisition of the ESI assets reinforces Universal Lighting Technologies’ strategic commitment to strengthen our ballast product line technology and continue our development of energy-conscious lighting applications,” commented Pat Sullivan, Universal’s chairman and chief executive officer. “Our dedication to product quality, reliability, service and innovation are stronger than ever.”
The ESI assets acquired by Universal Lighting include intellectual property, materials inventory, machinery and tooling. The acquisition of ESI’s intellectual property complements Universal’s existing product line and represents a significant addition to the company’s technology portfolio. Universal Lighting Technologies did not assume any liabilities of ESI.
For more information, please call Universal Lighting Technologies at 1-800-BALLAST and follow the menu prompts for ESI, fax your request to (615) 316-5162, or email us at email@example.com
Universal Lighting Technologies Inc., based in Nashville, Tenn., has offered an innovative selection of lighting ballasts for more than 50 years. With operations and distribution worldwide, the products of Universal Lighting Technologies are marketed under the Universal® and Triad® brand names.