Legrand has signed a definitive agreement to acquire Luxul Wireless Inc., an IP networking provider for professionally-installed, custom integration systems for residential and small-to-medium business (SMB) markets.
The explosive growth of IoT devices and automated systems throughout residential and SMB markets creates great demand for Luxul high-performance networks. As the leading networking provider in the market, Luxul will enable Legrand to capture this growing market demand.
Luxul networking solutions deliver the more powerful, resilient connected infrastructure that is critical to supporting the ever-increasing demand and reliability of countless connected systems, including Legrand home system’s technology.
The reliable performance, intuitive setup, superior customer support and cost-effectiveness of Luxul solutions will allow Legrand’s installer customers to “own the network” and ensure the best possible user experience, reported Luxul. Dealers/integrators will be able to capture more of the growing networking market through Luxul’s superior solutions, backed by a trusted, global leader.
“A great user experience starts with a great network and Luxul is No. 1 in their market,” said John Selldorff, CEO, Legrand North & Central America. “Their solutions will become an essential component of Legrand’s On-Q and Nuvo home systems, as well as supporting countless other systems. This acquisition brings best-in-class network expertise to Legrand and leverages many channel synergies.”