Verizon Buys Sensity for Its Burgeoning Smart City Business


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Verizon Buys Sensity for Its Burgeoning Smart City Business

Everyone wants a piece of smart city revenue—if it ever materializes. Verizon is the latest major player to make a push into the very nascent smart cities market with its acquisition of LED networking startup Sensity Systems. Sensity has raised a total of $74 million. Investors include Cisco Investment,Acuity Brands, GE Ventures, Simon Venture Group, Almaz…

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