WEST HARTFORD, Conn. — Legrand has signed a definitive agreement to acquire* Luxul Wireless, 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 Wireless high-performance networks. As a leading networking provider in the market, Luxul Wireless will enable Legrand to capture this growing market demand.
“A great user experience starts with a great network and Luxul Wireless is #1 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.”
*Subject to standard conditions precedent
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