Legrand acquiring On-Q Technologies
March 1, 2005 - New company will provide solutions for the connected home market.
Legrand is acquiring On-Q Technologies, Inc., known as On-Q Home.
On-Q Home and Legrand's Greyfox business unit will be brought together to form On-Q/Legrand, which will provide solutions for the connected home market. On-Q/Legrand will become the fifth business group of Legrand in North America.
"On-Q/Legrand, which will be headquartered in Harrisburg, PA, brings together On-Q Home and Greyfox to deliver unmatched systems solutions, dynamic marketing and product innovations," says John Selldorff, president and CEO of Legrand North America. "We believe On-Q/Legrand's breadth of innovative solutions and products and depth of sales and marketing experience is second-to-none in this market."
Since its founding in 1999, On-Q Home, a privately-held corporation, has experienced a compound annual growth rate of 25%. The company has consistently won awards for its products, performance and industry leadership and has held the No. 1 market position since its inception. On-Q Home develops and markets systems for shared broadband Internet access, wireless connections, multi-room audio and video distribution, home theaters and home controls for lighting, heating/cooling and security.
Established in 1994, Greyfox, a business unit of Pass & Seymour/Legrand since 2001, is a manufacturer in the networked home market. The company develops products that enable the networking of entertainment, security, communications and computer systems within the digital home. Greyfox systems support high-bandwidth, two-way voice, video and data communication.
"We will expand consumers' perception of the possibilities for comfort, entertainment and communication solutions offered by the connected lifestyle," says Doug Fikse, former president of On-Q Home, and the newly-appointed president of On-Q/Legrand. "Our vision is to make our distributors, dealers and builders the most successful in this market by offering innovative solutions, sales and marketing tools, training and support."
Legrand North America is a business of Legrand, which is headquartered in Limoges, France. For more information visit www.legrandelectric.com.