Option NV provides IoT technology, smart LED lighting, and integration services in Belgium and internationally. It operates through Solutions; Lighting; and Services. The company offers reliable, secure and green IoT engineering network services. It also produces and develops energy-efficient public lighting technology. In addition, the company is involved in cloud and infrastructure services. It serves public and private data center environments and small and medium-sized businesses. The company was formerly known as Crescent NV and change its name to Option NV in May 2018. Option NV was incorporated in 1980 and is based in Leuven, Belgium.