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    1. Business Management

    MagneTek buys stake in Mytech

    July 1, 2003
    MagneTek, Inc., Nashville, Tenn., purchased a minority stake in MyTech Corp., Austin, Texas. MyTech makes occupancy sensors and adaptive lighting controls.

    MagneTek, Inc., Nashville, Tenn., purchased a minority stake in MyTech Corp., Austin, Texas. MyTech makes occupancy sensors and adaptive lighting controls. The two companies will focus on adaptive lighting controls for the HID market. MagneTek and Mytech will offer HID dimming systems in applications such as warehouses, factories and outdoor lighting systems, with MyTech establishing a specialized sales force, a customer service call-in center and an expanded engineering group.

    MyTech's sales force will focus on energy-services companies and consulting engineers in North and South America, Asia and Europe. MagneTek will market MyTech's HID control application products through its existing channels to lighting manufacturers and distributors.

    About the Author

    Doug Chandler | Senior Staff Writer

    Doug has been reporting and writing on the electrical industry for Electrical Wholesaling and Electrical Marketing since 1992 and still finds the industry’s evolution and the characters who inhabit its companies endlessly fascinating. That was true even before e-commerce, LED lighting and distributed generation began to disrupt so many of the electrical industry’s traditional practices.

    Doug earned a BA in English Literature from the University of Kansas after spending a few years in KU’s William Allen White School of Journalism, then deciding he absolutely did not want to be a journalist. In the company of his wife, two kids, two dogs and two cats, he spends a lot of time in the garden and the kitchen – growing food, cooking, brewing beer – and helping to run the family coffee shop.

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