Feit Electric Acquires Universal Security Instruments' Assets and Brand
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: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. "This acquisition marks an exciting new chapter for Feit Electric as we expand into the h
