Legrand announced Tuesday that it has signed a definitive agreement to acquire Luxul Wireless, the number one 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 Wireless high-performance networks. As the leading networking provider in the market, Luxul Wireless will enable Legrand to capture this growing market demand.
Luxul Wireless 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. This will further establish Legrand's leadership position in the home systems market.
The reliable performance, intuitive set up, superior customer support and cost-effectiveness of Luxul Wireless solutions will allow Legrand's installer customers to “own the network” and ensure the best possible user experience. Dealers/integrators will be able to capture more of the growing networking market through Luxul Wirless's superior solutions, backed by a trusted, global leader that will be around for the long-term.
“A great user experience starts with a great network and Luxul Wireless is number one in their market. Their solutions will become an essential component of Legrand's On-Q and Nuvo home systems, as well as supporting countless other systems,” said John Selldorff, CEO, Legrand North & Central America.
“This acquisition brings best-in-class network expertise to Legrand and leverages many channel synergies.”