
Feit Electric Acquires Universal Security Instruments
Key highlights
- Feit Electric acquires key assets of USI, a pioneer in home safety technology.
- USI's 11 patents and retail reach bolster Feit's smart home product portfolio.
- USI will operate as a standalone brand, backed by Feit Electric’s resources.
- Strengthens Feit Electric’s multi-brand strategy, now including Feit Electric, LIFX, and USI.
- Commitment to innovation and consumer safety remains central to both brands.
Notable Quotes
“ This acquisition marks an exciting new chapter for Feit Electric as we expand into the home safety category. ”
Alan Feit, President at Feit Electric
“ The addition of Universal Security Instruments strengthens our expanding brand portfolio. ”
Sunil Ramchandani, Chief Strategy Officer at Feit Electric
Why This Matters
Feit Electric's acquisition of Universal Security Instruments is a strategic move that underscores the growing convergence between smart home innovation and personal safety technology. By integrating USI's proven alarm systems with its existing smart home and lighting solutions, Feit Electric aims to deliver more comprehensive offerings to consumers and retailers. This move also signals the company's commitment to expanding its influence in both traditional and connected home safety markets, leveraging its global scale and retail relationships to enhance product innovation and market reach.