Fagerhult acquires the Intellectual Property Rights (IPR) and assets of Organic Response
Fagerhult has today acquired the IPR and certain of the assets of Organic Response Pty Ltd (Administrators Appointed) and Organic Response Investors Pty Ltd (Administrators Appointed). These IPR and assets relate to the lighting control and building analytics solution known under the Organic Response brand name.
“We have acquired the IPR and assets of Organic Response due to the significant value and potential we see in their lighting control products and analytics technology for our Group businesses. Lighting controls and data analytics is an increasingly important part of the lighting solutions space and Fagerhult looks forward to working on further developing the Organic Response technology platform and bringing new solutions to our end customers”, comments Johan Hjertonsson CEO Fagerhult Group.
More information on Organic Response is available at http://organicresponse.com/
Habo April 3, 2017
The information was submitted for publication on April 3, 2017 at 09.00 . CET.
Fagerhult is one of Europe’s leading lighting groups with approximately 3,300 employees and operations in more than 25 countries. We create modern products and exciting, energy-efficient and environmentally-adapted lighting installations, successfully integrated into their individual environments. The Group includes such strong brands as Fagerhult, Ateljé Lyktan, LTS, Whitecroft Lighting, Designplan Lighting, Eagle Lighting, I-Valo, Arlight, Lighting Innovation, LED Linear, WE-EF and Flux Eclairage. AB Fagerhult is listed on the Nasdaq Nordic Exchange in Stockholm.