Verizon acquires IoT startup Sensity Systems to make cities smarter through LED lights
Verizon has acquired Internet of Things (IoT) startup Sensity Systems (“Sensity”), a company that provides smart LED lights for streets, airports, malls, and more. Terms of the deal were not disclosed.
Founded out of Sunnyvale, California in 2010, Sensity wants to capitalize on a global shift toward LED lighting in cities. The Climate Group has called on every “city and utility” around the world to switch to LED by 2025, with some conurbations already well on their way. I
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