GE Current sells CityIQ platform to Ubicquia

Ubicquia is acquiring the CityIQ smart city platform from GE Current, a Daintree company. The deal includes products, intellectual property (IP), operations contracts with municipalities, and employees that will move to Ubicquia.

The deal will expand Ubicquia’s smart-city portfolio while allowing GE Current to focus on LED-based lighting, Daintree connectivity, and the outdoor, solid-state-lighting (SSL)-centric connectivity LightGrid technology.