Lucid Software Acquires airfocus to Enhance Product Management
Lucid Software has acquired airfocus, an AI-powered product management and roadmapping platform, to enhance its support for product teams. Announced in a press release, this acquisition aims to help organizations structure product work, align teams, and provide leaders with greater visibility into strategic initiatives.
The integration of airfocus allows Lucid to extend its capabilities beyond idea generation, enabling teams to refine and execute plans with precision. This acquisition ensures seamless transitions from ideation in Lucidspark to structured product work in airfocus, maintaining alignment across workflows with Lucidchart's intelligent diagramming. The solution integrates with systems like Jira and Azure DevOps, providing real-time visibility into dependencies and progress tracking.
Lucid's CEO, Dave Grow, emphasized that the acquisition furthers their commitment to work acceleration, empowering teams to streamline priorities and drive impactful results. airfocus, known for its flexible, modular approach to product management, will now be part of Lucid's comprehensive solution for product development, offering enhanced collaboration and execution capabilities for product teams worldwide.
We hope you enjoyed this article.
Consider subscribing to one of several newsletters we publish like AI Funding Brief.
Also, consider following us on social media:
More from: Funding
SORA Technology Secures $4.8M to Expand Drone Health Initiatives in Africa
ClickHouse Secures $350 Million Series C to Boost AI Analytics
Sagtec Plans Acquisition of Smart Bridge to Boost AI Capabilities
Mapmygenome Acquires Microbiome Insights to Expand Genomics Services
Subscribe to AI Funding Brief
Market report
Superagency in the Workplace: Empowering People to Unlock AI’s Full Potential
This report explores the transformative potential of artificial intelligence in the workplace, emphasizing the readiness of employees versus the slower adaptation of leadership. It highlights the significant productivity growth potential AI offers, akin to historical technological shifts, and discusses the barriers to achieving AI maturity within organizations. The report also examines the role of leadership in steering companies towards effective AI integration and the need for strategic investments to harness AI's full capabilities.
Read more