Osborne Clarke advises Lucid Software on the acquisition of airfocus

Osborne Clarke has advised the US company Lucid Software, Inc., leader in visual collaboration and work acceleration, on the acquisition of airfocus GmbH, the Hamburg-based specialist in smarter product management.

As part of the development of its Visual Collaboration Suite, Lucid has announced the acquisition of airfocus, an AI-powered platform for product management and roadmapping. airfocus helps teams set priorities and develop better products faster. With the acquisition, Lucid aims to strengthen its existing support for product teams by enabling structured prioritisation and more efficient implementation. By combining visual collaboration with specialised tools for process optimisation, Lucid enables companies to move from idea to implementation faster. This step reflects the growing demand for solutions that not only facilitate collaboration but deliver real business results.

“This strategic acquisitions for our US client Lucid Software required a high level of transaction expertise in cross-border settings as well as in-depth industry know-how in the technology sector. We are happy that we could help our client Lucid Software to successfully complete this important transaction”, says Björn Hürten, Co-Head of the International Corporate Group of Osborne Clarke.

The Osborne Clarke team that advised Lucid, led by Dr Björn Hürten (M&A), consisted of Dr Philipp Reeb, Efthimios Detsikas, Dr Patrick Stadtbäumer, Julian Baldus and Lisa Gerards (all M&A), Konstantin Ewald, Michelle Prüfer, Dr Martin Weiß, Dr Marc Störing, Beata Völker, Neil Simon-Weaver, Jonathan Platz, Adrian Schneider and Dr Hendrik Schöttle (all IT), Dr Florian Reiling and Carla Heyne (both IP), Christoph Seidler, Nils-Frederik Wiehmann and Marcel Thoß (all Employment Law), Florian Merkle, Patrick Seiler and Tim Florian Metzmeier (all Tax), Dr Sebastian Hack, Marco Aatz, Susanne Schricker and Manuel Schuster (all Competition), Robin Eyben and Dana Alpar (both VC), Daniel Jeske (Commercial), Dr Mareike Klopp (Real Estate Law) as well as Reinhard Bunjes (Finance).

Wilson Sonsini Goodrich & Rosati, led by Nathan Robinson, advised on the US law aspects of the acquisition.

About Lucid Software

Lucid Software is the leader in visual collaboration and work acceleration, helping teams see and build the future by turning ideas into reality. Its products include the Visual Collaboration Suite (Lucidchart and Lucidspark) and airfocus. The Visual Collaboration Suite, combined with powerful 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. The most used visual collaboration platform by the Fortune 500, Lucid's solutions are trusted by more than 100 million users across enterprises worldwide—including Google, GE, and NBC Universal. Lucid partners with leaders such as Google, Atlassian, and Microsoft, and has received numerous awards for its products, growth, and workplace culture. Learn more at lucid.co.