Philips acquires Teletrol Systems

Amsterdam Royal Philips Electronics announced it has acquired Teletrol Systems, Manchester, N.H., a U.S. supplier of integrated solutions for simultaneous multi-site management of lighting and energy usage. Teletrol’s operations will be incorporated into the Lighting Electronics group of the Philips Lighting sector.

“Professional customers, such as retail chains, hotel groups and building owners with multiple premises, increasingly demand better control over their lighting and energy use,” said Rudy Provoost, CEO, Philips Lighting. “They also want to provide comfortable environments for their employees, guests and residents, while at the same time keeping operational and energy costs to a minimum. This acquisition will add significantly to the solutions we offer those customers to meet these needs.”

Financial details of the agreement were not disclosed.