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ETC acquires Dutch dimming firm IES


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ETC acquires Dutch dimming firm IES

 

http://www.etcconnect.com/news/

 

ETC (Electronic Theatre Controls, Inc.) is adding another respected company and set of technologies to its global family. The international entertainment and architectural lighting company is pleased to announce their acquisition of dimming manufacturer IES, Veenendaal, the Netherlands. The purchase was finalized May 26, 2004. With the IES agreement, ETC further broadens the scope of its European product offerings, which already includes products under the transtechnik Lichtsysteme and Avab brands.

According to Steve Terry, ETC Vice President of Research and Development, "IES has developed unique products that complement our current product offerings and provide silent dimming for concert halls and theaters. IES has been a pioneer in sine wave dimming technologies. IES dimming will be an integral component in ETC's total lighting systems."

 

ETC plans to dramatically increase sales of IES products through ETC's comprehensive sales network in Europe as well as introduce the technologies to the North American and other global markets. Says Terry, "We will give IES the market access they deserve."

 

As part of the purchase, ETC also adds IES sister company Penko Engineering B.V., which specializes in the development and manufacture of high accuracy electronic weighing, dosing and batching systems designed for use in process industries. Both companies share manufacturing, engineering and technical resources, which are located in Veenendaal. According to Jan de Jonge, principal of IES, "Penko is a critical part of IES's success. We are very pleased that we will be able to continue to offer our products and services through ETC. With their experience and support we are able to make this technology available on a global scale." ETC sees strong synergies with the division in its future product development.

 

Fred Foster, CEO states: "IES and Penko have earned strong reputations in their respective markets. We welcome the opportunity to bring together the best people and ideas in our development efforts and leverage our combined technologies to meet the increasing demands of the worldwide market."

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