Lucid to join Acuity Brands
February 12 2018 - 10:27AM
Lucid, provider of the most comprehensive SaaS intelligence
platform for building operations, today announced it has been
acquired by Acuity Brands, Inc (NYSE:AYI), a leading provider of
intelligent lighting, building automation systems, and IoT
solutions. Over the last decade Lucid has developed the leading
platform for building performance analytics, BuildingOS. 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. Together, BuildingOS and Acuity
Brands will transform the way building data is used and unleash the
value of intelligent building solutions.
Lucid will continue to grow BuildingOS as an independent and
open platform, and will continue to be led by current executives
including CEO Will Coleman and Co-Founder Vladi Shunturov. As Lucid
joins the Acuity Technology Group, it will continue to extend its
data integration, analytic, and workflow capabilities, leveraging
Acuity Brand’s technology assets and install base to provide
expanded solutions across new applications and segments.
Acuity Brands’ investment in Lucid represents a significant step
forward in unlocking the value of IoT within buildings by
connecting the dots between advanced sensory network solutions and
the broader integrated building data required to drive better
operational and business decisions. Lucid’s BuildingOS enables
owners, operators, and occupants to find powerful insights in their
building data to make buildings more efficient and improve the
performance of the people and businesses that rely on them.
“This will allow us to accelerate our mission to enable
organizations to harness building data and deliver better
buildings,” said Will Coleman, CEO, Lucid, Inc. “We are excited by
the partnership with Acuity Brands and the opportunity to leverage
Acuity’s broad IoT and control capabilities to deliver a more
complete solution to our customers and overcome some of the
fundamental hurdles associated with IoT deployment and
integration.”
Buildings are being transformed by data and intelligent systems
in the same way as every other industry. Hundreds of billions in
unnecessary costs, lost revenue, and productivity are at stake.
Acuity Brands’ digital lighting-based sensory networks and Atrius
software platform combined with the intelligence that Lucid’s
BuildingOS can provide will unlock the value of the expanding IoT
landscape.
“I am thrilled for Lucid to join Acuity Brands, as we extend the
power of our digital networked lighting, building management and
IoT solutions,” said Laurent J. Vernerey, President of Acuity
Technology Group. “We have the sensory networks, control systems,
and IoT integration solutions, and Lucid now allows us to unlock
the power of all that data through cloud-based analytics and
applications. Lucid’s BuildingOS platform will be central to our
investment in the IoT space, and unlocking the value of smart
lighting solutions.”
Lucid and Acuity Brands share a vision for an open and
integrated smart building platform that leverages best in class
technologies and empowers owners, operators, and occupants to
improve their building performance and business performance. The
power of a building analytics platform is its ability to integrate
data from across systems. While Lucid will now be able to leverage
the digital lighting networks, sensors, and control capabilities
being developed and deployed by Acuity Brands, Lucid will remain an
independent and open platform focused on integrating data from any
data source within or associated with a building. Lucid has built
integrations into over 180 different building data systems and
services from utility data to building automation systems,
sub-metering, 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. Acuity Brands’ investment in Lucid will help support the
continued expansion of the platform and accelerate the company’s
growth.
About Lucid
Lucid provides a data and analytics platform to make data-driven
decisions to improve building efficiency and drive better building
and business performance. Lucid's SaaS-based BuildingOS platform is
deployed in more than 500 organizations, 15,000 buildings and 1.5
billion square feet of commercial buildings. It empowers thousands
of professionals at every level of the customer organization to
improve energy efficiency, reduce costs, manage capital decisions,
and drive business performance from their buildings. For more
information, visit https://lucidconnects.com/.
About Acuity Brands
Acuity Brands, Inc. (NYSE:AYI) is the North American market
leader and one of the world’s leading providers of lighting and
building management solutions. With fiscal year 2017 net sales of
$3.5 billion, Acuity Brands currently employs over 12,000
associates and is headquartered in Atlanta, Georgia with operations
throughout North America, and in Europe and Asia. The Company’s
products and solutions are sold under various brands, including
Lithonia Lighting®, Holophane®, Peerless®, Gotham®, Mark
Architectural Lighting™, Winona® Lighting, Juno®, Indy™, Aculux®,
Healthcare Lighting®, Hydrel®, American Electric Lighting®,
Carandini®, Antique Street Lamps™, Sunoptics®, Distech Controls®,
nLight®, ROAM®, Sensor Switch® and Atrius™. Visit us at
www.acuitybrands.com.
Media Contact:
Lucid
Ralf VonSosen
510-356-2551
rvonsosen@lucidconnects.com
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