Leviton Acquires Integrated Metering Systems
Leviton Manufacturing Company announced the acquisition of Integrated Metering Systems (IMS), a 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."