Tripp Lite Expands Its Product Offering with the Acquisition of Keyspan
FOR IMMEDIATE RELEASE
Chicago, IL (May 2, 2008)–Tripp Lite, a world-leading manufacturer of power protection and connectivity equipment, is pleased to announce the acquisition of Keyspan, a leading provider of computer connectivity solutions. Keyspan offers adapters, servers, cables and remote controls for home, school and office environments.
“Keyspan has developed a loyal customer base and established itself in a competitive computer peripherals market, making their products ideal for integration into Tripp Lite’s offering,” stated Keelin Wyman, Tripp Lite Executive Vice President. “We share similar target markets as well as channel loyalty and product quality philosophies. This acquisition will ensure that Keyspan customers benefit from Tripp Lite’s manufacturing excellence, broad distribution channel and trusted reputation for providing reliable products worldwide.”
Founded in 1995, Keyspan has enjoyed great success in the computer peripherals industry by offering remote controls and USB connectivity accessories for PCs, Macintosh computers and Apple iPod mobile digital devices.
“We at Keyspan have created a strong brand name associated with high quality products,” said Mike Ridenhour, Keyspan President. “We’re pleased that Tripp Lite will continue providing Keyspan’s customers with the reliable products they expect, world-class service and support and unmatched channel loyalty. The combination of the Tripp Lite and Keyspan brands under the umbrella of Tripp Lite will provide increased efficiency by streamlining production, distribution and shipping.”
For more information about Keyspan, visit: www.keyspan.com
About Tripp Lite
Outstanding product reliability and exceptional service have been Tripp Lite trademarks for more than 85 years. Tripp Lite’s innovations include the world’s first UPS system designed specifically for personal computers, and the world’s most trusted premium surge suppressor–the Isobar–with more than 16 million in use. Tripp Lite maintains the highest level of ready-to-ship inventory in the industry with more than 1,000 different products, including UPS systems, rack systems, PDUs, PowerAlert software for enterprise-level system management and control, surge suppressors, KVM switches, cables and connectivity products, inverters, power strips, notebook accessories and more. Headquartered in Chicago, Illinois, Tripp Lite maintains a global presence with fully staffed offices worldwide. Additional information, including a list of Tripp Lite’s sales offices and authorized reseller partners, can be found by visiting Tripp Lite’s website: www.tripplite.com.
Note: Macintosh, Apple and iPod are trademarks of Apple Inc., registered in the U.S. and other countries.
Gloria Wong – Media / Public Relations Manager
773.869.1229 / fax 773.869.1935