Lutron Electronics, headquartered in Upper Saucon Township, has signed an agreement to acquire Ketra, a smart lighting maker based in Austin, Texas.
Terms of the deal were not disclosed.
The acquisition makes Lutron a producer of light sources and bulbs for the first time in its 57-year history, according to news reports.
Lutron plans to keep the Ketra research and development facility in Austin.
Ketra produces smart lighting and control systems for a largely commercial market, but is shifting toward more residential growth. The company produces light sources that create white, pastels and saturated colors.
Ketra is best known for its line of simulated natural light, a growth area in the lighting market.
Lutron makes a range of products that can be controlled remotely with an app.
Ed Blair, senior vice president of Lutron, said this morning it was a natural extension for Lutron to expand its product portfolio with Ketra light sources and controls.
“This acquisition allows Lutron to take care of its customers with the most comprehensive portfolio of light control solutions in the industry,” he said. “Moreover, it uniquely positions Lutron for the greatest success in the market’s areas of growth, like simulated natural light, smart homes and buildings and tunable white.”
Tunable white is technology that allows the hue of white light to be manually adjusted to make the light appear cool or warm at any brightness level.
“Ketra’s range of quality light complements the Lutron light control product offering and enables our customers to create a more comfortable, productive and pleasant environment at home and at work,” Mike Pessina, co-CEO and president at Lutron Electronics, said in a statement.
Nav Sooch, CEO of Ketra, said Lutron’s global reach will expand the market for Ketra’s natural lighting products. Ketra’s light sources are compatible with the Lutron HomeWorks QS total home control system and Lutron Quantum total light management system.
Lutron is a global leader in the lighting industry whose founders invented the electronic light dimmer. The company’s products are sold in more than 100 counties and include lighting systems and controls and automated shades.
Lutron, a privately held company, has about 1,000 employees and engineering facilities in Philadelphia, Boston and Florida.