Numerous IoT acquisitions since 2015
In addition to major R&D investments devoted to new technologies, the acceleration of Eliot's development was made possible by Legrand's many acquisitions in the IoT sector since 2015. In addition to the takeovers of Netatmo, which enabled a broadening of the Group's connected products base thanks to the start-up's 1.3 million active products, and of Milestone to boost digital infrastructures, Legrand most notably took over Shenzen Clever Electronic, a Chinese leader in smart PDUs for data centers.
In 2019, the acquisition of Universal Electric Corporation, the unrivalled leader in busways for data centers in the United States, also strengthened the Group's positions in data centers.

And in 2020, the acquisition of Jobo Smartech, a Chinese leader in connected systems for hotel room management (lighting, ambient temperature, etc.) further complements Legrand's offer for the dynamic hospitality sector in China.