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Acuity Brands Acquires Smart Building Systems Provider Lucid Design Group

Feb. 12, 2018
Acuity said the combination of Lucid`s software platform with Acuity Brands’ large installed base of networked sensors for lighting will form a comprehensive building operations and analytics platform.

Acuity Brands, Inc., Atlanta, has acquired Lucid Design Group, Inc., provider of building analytics based in Oakland, CA. Acuity said the combination of Lucid`s BuildingOS business intelligence software platform with Acuity Brands’ large installed base of networked sensors for lighting and building automation controls as well as its Atrius IoT ecosystem will provide the industry`s most comprehensive building operations and analytics platform.

Lucid’s cloud-based data and analytics platform allows customers to make data-driven decisions to improve building efficiency and drive energy conservation and savings. The acquisition of Lucid is not expected to have a material impact on Acuity’s fiscal 2018 financial performance, the company said in a release. Terms of the acquisition were not disclosed.

“Lucid`s technology will allow us to extend the power of our digital networked lighting, building management and IoT solutions,” said Laurent Vernerey, president of the Acuity Technology Group and executive VP of Acuity Brands, in the release. “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.”

Acuity said BuildingOS will remain an independent and open platform focused on integrating any data source associated with a building, from modern digital lighting networks to legacy systems and operations data. Lucid has built integrations into over 180 different building data systems and services, including systems tracking utility data, building automation systems, work order systems, and property management solutions. The platform will continue to be data source agnostic and focus on the power of analytics applied to integrated data streams.