On the heels of recent purchases of LumiLEDs and Color Kinetics, Philips Electronics has acquired one of the world's best-known lighting controls companies, Dynalite, based in Sydney, Australia, which has an extensive dealer network in 40 countries. Financial details of this agreement were not disclosed. Dynalite was founded in 1989 and has since become a prominent lighting control company offering energy management and building automation, architectural lighting control, home automation and residential applications solutions.rn'Sophisticated lighting control systems can provide our customers with significant cost and energy savings,' says Rudy Provoost, Chief Executive of Philips' Lighting sector.... The acquisition of Dynalite enables us to further strengthen our offering of integral energy management solutions to major corporations, property developers and hotel groups. Having a prominent lighting controls business will help us to further capitalise on the growing demand for energy saving solutions.'
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