Acuity Brands Inc. (NYSE: AYI), Atlanta, has acquired LocusLabs, Inc., a leading indoor mapping and location platform. Terms of the transaction were not disclosed.
The LocusLabs software platform supports navigation applications used on mobile devices, web browsers and digital displays in airports, event centers, multi-floor office buildings and campuses. Visitors employing LocusLabs’ software can easily search, explore and navigate large, complex indoor spaces.
The combination of LocusLabs technology with the Atrius IoT platform from Acuity Brands will provide venues with an indoor positioning system that can be rapidly deployed and easily maintained, enabling visitor and employee wayfinding, asset tracking and business analytics.
“We are thrilled LocusLabs is a member of the Acuity Brands technology portfolio,” said Audwin Cash, Acuity Brands Lighting Senior Vice President, Atrius Enterprise Solutions. “LocusLabs has the platform and tools that enable airline, airport and smart workplace applications to deploy location-aware technologies to help people find their way, to assist operators in management of their critical assets and to provide them with tools to support this technology. We are excited to demonstrate to our customers how the LocusLabs solution enhanced with our Atrius services can transform navigating indoor experiences.”
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