Feb 23 2018
Acuity Manufacturers, an Atlanta founded electronics production corporate introduced its acquisition of Lucid Design Staff, a supplier of creating analytics and industry intelligence platform. Phrases of the deal weren’t disclosed. Acuity seems ahead to unlocking the worth of the Web of Issues (IoT) features in structures by way of combining Lucid’s instrument platform with Acuity Logo’s networked sensors.
Primarily based in Oakland, CA, Lucid supplies a SaaS-based BuildingOS platform that allows customers to achieve insights into the operations in their structures. Lucid has constructed integrations into over 180 other development records methods and products and services, together with methods monitoring software records, development automation methods, paintings order methods, and belongings control answers.
Acuity Brands, a number one supplier of lighting fixtures and development control answers hit $three.Five billion in gross sales in 2017. Whilst the purchase isn’t anticipated to have a subject material have an effect on at the monetary base line of the corporate this 12 months, it is going to gas enlargement for Acuity in future years.
During the last few years, Acuity Manufacturers is reworking from a standard lighting fixtures producer right into a cutting-edge instrument answer supplier inside the IoT area. In July 2016, Acuity made a equivalent acquisition of 100 p.c fairness stake in San Francisco-based DGLogik Inc., a supplier of leading edge instrument answers for environment friendly power utilization and facility efficiency to beef up its portfolio of holistic IoT answers.
+ Lucid has been followed by way of greater than 500 consumers and gives analytics for greater than 15,000 structures.
+ In 2016, Acuity higher Five-fold lately, its internet gross sales have been $three.Five billion in fiscal 12 months 2017 and it hired than 12,000 pals.
+ Acuity Atrius IoT, is a flagship IoT made of Acuity. This can be a location-aware era infrastructure, connects luminaries, controls, sensors and different gadgets into development’s virtual sensory community.
Wow, giant, attention-grabbing information for structures, IoT, analytics and the like – Acuity Manufacturers acquires Lucid https://t.co/5MisyJya2Y
— Controlco (@Controlco_USA) February 15, 2018
Lucid Design Staff was once bought by way of Acuity Manufacturers for an undisclosed quantity. Lucid is a supplier of SaaS development intelligence platform meant to make data-driven selections to beef up development potency and force power conservation and financial savings. by means of @PitchBook
— Blue River (@goBlueRiver) February 15, 2018
— Acuity Manufacturers (@AcuityBrands) February 20, 2018