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Acuity Brands Snares Lucid Design Group (Ind. Report, M&A)
Acuity Technology,Lucid
Date: 2018-02-14
Oakland, California-headquartered building performance analytics specialist Lucid Design Group reports it has been acquired by Woodbridge, Ontario-headquartered intelligent lighting, building automation systems and IoT solutions provider Acuity Brands, Inc.

The acquisition will enable Lucid to accelerate the continued development of the BuildingOS platform to integrate all facets of building data and expand the applications built on the platform. Lucid will leverage Acuity Brands' extensive investments in building sensor networks, integration, and controls to extend the capabilities of the platform.

Lucid's BuildingOS enables owners, operators, and occupants to find powerful insights in their building data to make buildings more efficient. Lucid's SaaS-based BuildingOS platform is deployed in over 500 organizations, 15,000 buildings and 1.5 billion square feet of commercial buildings to improve energy efficiency, reduce costs and help manage capital decisions. (Source: Lucid Design Group, PR, 12 Feb., 2018) Contact: Lucid Design Group, Will Coleman, CEO, (510) 356-2551, https://lucidconnects.com ; Acuity Technology Group, Laurent J. Vernerey, Pres., (905) 482-2720, acuitytech.ca

More Low-Carbon Energy News Acuity Technology,  Building Energy Management,  Energy Efficiency,  

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