Verizon acquires Sensity Systems to add LED light control to its IoT platform
While Verizon continues to work towards closing its acquisition of Yahoo to boost its media and consumer Internet business (which also includes ownership of AOL, which owns TechCrunch), the company has made another acquisition to keep building out its enterprise services, too. The carrier has bought Sensity Systems, a startup based out of Sunnyvale (also home to Yahoo!) that has built solutions to help businesses and others convert older lighting systems to connected LED systems, making them controllable remotely. This is a straight push for Verizon’s wider Internet of Things “smart city” business, ThingSpace, which will integrate Sensity’s business and technology.
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