Leviton acquisition of OnQ Technologies won’t take place

April 30, 2003
Three months after launching a media blitz that heralded its acquisition of Harrisburg, Pa.-based structured wiring manufacturer OnQ Technologies, Leviton, Little Neck, N.Y., announced this week via a statement posted on its Web site that the deal has fallen through. The statement didn’t reveal what ended the merger, which was to include the blending of the two companies’ names into a new moniker,

Three months after launching a media blitz that heralded its acquisition of Harrisburg, Pa.-based structured wiring manufacturer OnQ Technologies, Leviton, Little Neck, N.Y., announced this week via a statement posted on its Web site that the deal has fallen through. The statement didn’t reveal what ended the merger, which was to include the blending of the two companies’ names into a new moniker, Leviton OnQ.

Apologizing for the inconvenience created by the dissolution of the acquisition, the company requested that distributors re-integrate the Leviton Integrated Networks and Decora Home Control product lines back into the Leviton line.

In a video posted on the Leviton Web site in January, Harold Leviton, Leviton’s president, and Doug Fiske, president of OnQ Technologies, announced the acquisition that they described as a union instead of a buyout.

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