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. Luxul, along with Pakedge that was acquired by Control4 earlier this year, are one of only two networking companies that specialized in routers and switches specifically for ProAV and HomeAV installs.
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.
This will further establish Legrand’s leadership position in the home AV systems market. We will see how this helps them on the ProAV space, too.