Acuity acquires LED driver manufacturer eldoLED

Lighting giant Acuity has bought a specialist manufacturer of LED drivers to extend its focus on solid-state lighting. Light manufacturer Acuity Brands (NYSE: AYI) has acquired eldoLAB Holding BV, a designer and manufacturer of high-performance, intelligent drivers for LED-based lighting systems.  Founded in 2003, eldoLED is a privately-owned company headquartered in Eindhoven, the Netherlands. Terms of the acquisition were not disclosed.