Acuity Brands Acquires Horizon Control; Terms Not Disclosed

Acuity Brands AYI today announced that it has acquired for cash Horizon Control Inc., a lighting control research and development company specializing in PC-based lighting control systems. For over 15 years, Horizon Control and its management team have developed and licensed products to the entertainment and architectural lighting control markets. Terms of the acquisition were not disclosed and the acquisition is not expected to materially impact Acuity Brands' future consolidated financial results.