On April 19, Legrand announced its acquisition of Luxul Wireless, a company ranked among the U.S. leaders in audio/video infrastructure products for residential buildings and small- to mid-size commercial buildings.
In particular, with high-end positioning, Luxul Wireless' solutions are billed as an ideal complement to Legrand’s generalist U.S. selection of On-Q structured cabling products for housing applications, and also round out the company’s offering in the specialized and growing U.S. market for audio and video applications, where Legrand is strongest in enclosures, following its 2011 acquisition of Middle Atlantic Products.
More generally, the acquistion strengthens Legrand’s positions in digital infrastructure, a market driven by rising demand for increasingly efficient networks as data flows within buildings are continuously increasing, a trend particularly linked to the steep rise in connected products.
Founded in 2000 and based in Draper, Utah, Luxul Wireless employs around 30 people and reports annual sales of over $20 million, of which 90% are in the United States.
See also: Legrand to acquire Raritan