Lucid Software, a South Jordan, UT-based visual collaboration and work acceleration company, acquired airfocus, a Hamburg, Germany-based provider of an AI-powered product management and roadmapping platform.
The amount of the deal was not disclosed.
The acquisition will expand Lucid’s support for product teams by helping organizations structure product work, align teams, and provide leaders with greater visibility into strategic initiatives, enhancing its product offerings and product development.
Led by CEO Malte Scholz, airforces provides AI-powered product management and roadmapping platform developing solutions for roadmapping, prioritization, and outcome-driven planning. Used by enterprises worldwide, it enables teams to make better decisions and move quickly, acting as a single source for product strategy and planning.
Led by CEO Dave Grow, Lucid Software specializes in visual collaboration and work acceleration. Its products include the Visual Collaboration Suite (Lucidchart and Lucidspark) and airfocus.
The Visual Collaboration Suite, combined with accelerators for Agile, cloud, and process transformation, empowers organizations to streamline work, foster alignment, and drive business transformation at scale. airfocus, an AI-powered product management and roadmapping platform, extends these capabilities by helping teams prioritize work, define product strategy, and align execution with business goals. Its solutions are used by more than 100 million users across enterprises worldwide, including Google, GE, and NBC Universal.
FinSMEs
07/04/2025