"Lucids technology will allow us to extend the power of our digital networked lighting, building management and IoT solutions," said Laurent J. Vernerey, President of the Acuity Technology Group and Executive Vice President of Acuity Brands, Inc. "The Lucid acquisition supports our strategy of further unlocking the value of Internet of Things (IoT) capabilities within buildings by connecting advanced sensory network solutions with the broader integrated building data required to drive better operational and business performance."
"We are excited by the opportunity to leverage Acuity Brands' broad IoT and control capabilities to deliver a more complete solution to our customers," said Will Coleman, CEO, Lucid Design Group, Inc. "Buildings are being transformed by data and intelligent systems in the same way as every other industry, helping to address and manage unnecessary costs, lost revenue, and productivity deficiencies. Combining the intelligence Lucid's BuildingOS platform will provide with Acuity Brands' digital lighting-based sensory networks and Atrius software platform will help customers unlock the value of the expanding IoT landscape within buildings."
Acuity Brands, Inc. Announces Acquisition of Lucid Design Group, Inc.
