Acuity Brands Acquires Pathway Connectivity, Inc.

Acuity Brands

today announced that it has acquired for cash Pathway Connectivity, Inc., ("Pathway"). Pathway is a leading manufacturer of networked data communications and interface equipment for architectural and entertainment lighting control applications world-wide. Established in 1985 and based in Calgary, Alberta, Canada, Pathway designs and manufactures innovative electronics that enable lighting control systems to communicate with intelligent lighting fixtures and power devices, even when those products utilize different communications protocols. Terms of the acquisition were not disclosed and the acquisition is not expected to materially impact Acuity Brands future consolidated financial results. Pathway is strategically positioned at the intersection between architectural and entertainment lighting. Its established management team and product portfolio support a diverse customer base, and serve a broad range of applications from auditoriums and conference rooms to theatre and television, theme parks, cruise ships and concert tours. Pathway's innovative product portfolio provides interoperability solutions for sophisticated lighting control systems. These real-time applications demand the highest degree of network reliability and performance in order to deliver spectacular visual experiences for live audiences as well as occupants in dynamic architectural environments.