Online lighting specification platform Spektd becomes LR Spektd following acquisition
(UK) – The online lighting specification platform Spektd has been bought by Lighting Reality. The design technology specialist now owns 100% of Spektd’s Intellectual Property rights, completing a deal that will rebrand as LR Spektd.
Lighting Reality is an independent, employee-owned company based with its own UK-based in-house development team. The company has 23 years of experience working with product & photometric data to deliver design and other productivity solutions for the challenges of lighting professionals & manufacturers.
The Worcestershire based company is most commonly known for its expertise within the street and outdoor lighting sector, this deal will enable the business to grow and develop.
Richard Hall, one of the Co-Founders of Spektd and Director at Lighting Reality said:
“We couldn’t be more delighted. Lighting Reality is the perfect home for taking usage and membership of the platform to the next level in terms of market up-take, empowering more in our profession to increase their productivity and enabling manufacturers to connect with their customers more efficiently.”
CEO of Lighting Reality, Tony Cook, “Bringing LR Spektd into the Lighting Reality portfolio makes complete sense for us as we transition from being a pure-play Outdoor Lighting Design Software house into a company offering a range of innovative, lighting-specific productivity solutions, all with the goal of empowering lighting companies & professionals to thrive – whatever the sector.”
The other Co-Founders of Spektd – Ida Moe Hoy and Andy Goodhand – will remain part of the business and will play key roles in ensuring a smooth transition and continued vision for the platform.