Acquisition to Accelerate Leading Maker of Multi-Room A/V and Home Control Systems Advancement into IP and Home Automation Arenas
LEXINGTON, KY — ELAN Home Systems, L.L.C., a leading manufacturer of award-winning Multi-Room audio/video and home control systems, announced today that the company has acquired HomeLogic, LLC, a leading manufacturer of home management and IP-based control solutions, in a move that will significantly complement and enhance each other’s product offerings and Dealer support programs. Financial terms of the purchase were not disclosed. The announcement was made by Bob Farinelli, ELAN’s President and Chief Technology Officer.
ELAN’s acquisition of HomeLogic creates a synergistic alliance that will result in providing Custom Installation Dealers with a comprehensive solution for almost every aspect of home entertainment and control.
This combination will grant access to the HomeLogic line for hundreds of ELAN Dealers, accelerate product development for both companies, and expand Dealer support programs.
Together with Sunfire Corporation (previously acquired by ELAN) and now HomeLogic, ELAN with its subsidiaries now encompasses three strong brands for the Custom Marketplace that deliver the best in home theater, entertainment control, and IP-based automation.
According to Mr. Farinelli, who will assume the post of HomeLogic President, “We are pleased to welcome HomeLogic into the ELAN close-knit family of companies. The breadth of home management solutions they offer will accelerate ELAN’s planned advancement into the IP and Home Automation marketplace, adding high-end turnkey products that will immediately enhance ELAN’s core business and offer our Dealers exactly what they have requested.”
“This is big step forward for HomeLogic and our Dealers,” added Jim Herman, Vice President and General Manager of HomeLogic. “It allows our team in Marblehead to focus on product development while capitalizing on ELAN’s award-winning sales and support machine. We share ELAN’s belief that our products require a professional, properly trained Dealer network to succeed, and everyone at HomeLogic is excited to step it up to the next level as part of the ELAN family.”
About HomeLogic:
HomeLogic, LLC is dedicated to delivering market leading home management and control solutions that enhance a home owner’s comfort, convenience and peace-of-mind. The company offers turn-key control solutions directly through Certified OneHome Dealers. OneHome systems provide an elegant user experience and require no custom programming simplifying the installation process as well as lowering the overall cost and complexity to homeowners. HomeLogic sells exclusively through a select group of direct Dealers. For more information visit www.homelogic.com.
About ELAN Home Systems:
ELAN Home Systems, L.L.C. is a leading manufacturer of innovative, award-winning Multi-Room audio/video and home control systems. Based in Lexington, KY, the company’s systems were the first to integrate audio, video, phones and third-party products to create a seamless, easy-to-use “whole house” experience. The company’s unique products provide complete lifestyle, feature-rich solutions, yet can be configured to fit the specific needs of every homeowner. ELAN products are distributed through a comprehensive channel of select dealers and distributors throughout the United States, Canada and 58 countries worldwide. To learn more, visit www.elanhomesystems.com.
ELAN is a trademark of ELAN Home Systems, LLC, Lexington, KY. VIA! is a registered trademark of ELAN Home Systems, LLC. All other trademarks are the property of their respective owners. SUNFIRE is a registered trademark of Sunfire Corporation.
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Press Contacts:
Cat Fowler
ELAN Home Systems
Lexington, KY
t) 859-269-7760 x161
f) 859-268-2132
e) cfowler@elanhomesystems.com
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The Steven Style Group
New York, NY
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e) stevens@stylegroup.com
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