LOS ANGELES, May 23, 2025 (GLOBE NEWSWIRE) -- Feit Electric, a leading global manufacturer of lighting and smart home solutions, today announced it has acquired substantially all the assets of Universal Security Instruments Inc. (NYSE American: UUU), including its trusted brand and portfolio of patented home safety technologies.
Founded in 1969, Universal Security Instruments (USI) has been a pioneer in smoke, fire, and carbon monoxide alarm innovation for more than five decades. With 11 U.S. patents and a strong retail presence across North America, USI is a name consumers trust to protect what matters most.
โThis acquisition marks an exciting new chapter for Feit Electric as we expand into the home safety category,โ said Alan Feit, president of Feit Electric. โBy adding USIโs proven technology and respected brand to our portfolio, we can offer retailers and consumers a more complete suite of solutions for the modern home. Weโre committed to carrying forward USIโs legacy of innovation, while enhancing its reach with Feit Electricโs resources and retail partnerships.โ
Under Feit Electricโs ownership, the USI brand will continue to operate as a standalone line, with a focused mission on delivering reliable, easy-to-use safety and security products. The brand will retain its core identity while gaining access to Feit Electricโs global scale, enhanced product development capabilities, and industry-leading execution.
โThe addition of Universal Security Instruments strengthens our expanding brand portfolio, which now includes Feit Electric, LIFX, and USI, each tailored to meet different customer needs with complementary value propositions,โ said Sunil Ramchandani, chief strategy officer at Feit Electric. โThis multi-brand strategy enables us to deepen retail partnerships, expand consumer choice, and lead across key smart home and safety categories.โ
Feit Electric will work closely with retail partners to support the USI brand with updated assortments, refreshed packaging, enhanced marketing, and expanded online visibility. The result will be a stronger, more innovative offering in both traditional and smart safety categories built for todayโs connected home.
About Feit Electric
Feit Electric is a leading global manufacturer of energy-efficient lighting and smart home products, committed to innovation, quality, and customer satisfaction. Founded in 1978 and headquartered in California, Feit Electric delivers cutting-edge solutions that make homes safer, smarter, and more sustainable. The companyโs trusted brandsโFeit Electric, LIFX, and USI serve millions of customers through leading retailers and distribution partners worldwide.
For more information, visit feit.com, lifx.com, or universalsecurity.com.
Media Contact: press@feit.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9d3ccfc2-774f-48ef-bb86-eddfe0cc011d
