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. Indeed, New York City (NYC) began rolling out energy-efficient LEDs on its streets back in 2015.
Sensity has said that the billions of LEDs that are expected to permeate cities in the near future will enable it to create a “high-speed, sensor-based, multiservice IoT platform.” Lighting owners can embed networking technology within their systems, meaning they can introduce a range of sensors for detecting moisture, ambient light, seismic activity, radiation, wind, temperature, air quality, and even parking availability. All of this is backed by a high-bandwidth wireless network that supports both point-to-point and mesh networks. Sensity says it already has 42 smart city installations around the world.
“Rapid urbanization is putting a huge strain on city services globally, coupled with inefficiencies caused by an aging infrastructure that currently supports critical functions, such as fire and emergency services, public transportation, lighting, sewer and sanitation systems,” said Sensity chairman and CEO Hugh Martin, in a press release. “Sensity realized early on that IoT could be the key to breaking out of this dilemma.”
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