October 19, 2021

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Verizon Announces Acquisition Of Senion

Press launch from Verizon:

June 23, 2021

Verizon introduced the acquisition of Senion, a world leader in area-responsive methods. The developer of an indoor positioning system, Senion’s sophisticated device-discovering sensor fusion technological innovation delivers sub-meter precision for precise positioning and navigation of indoor spaces.

From indoor wayfinding and geofencing to location sharing, analytics and predictive intelligence, this acquisition expands Verizon’s area-centered technological know-how choices, empowering corporations to better and extra safely take care of their areas.

“Verizon Site Engineering is working to develop a extra effective and successful planet. This entails offering devices sight and furnishing business leaders with further insights, enabling the orchestration of any house,” explained Jeff Frantz, Executive Director of Verizon Place Technological know-how. “Sensor fusion and indoor positioning are foundational elements for these subsequent-era capabilities. Combining Senion’s outstanding engineering with the site-precision, velocity, throughput and dependability of Verizon’s 5G system will assistance us force the boundaries of what is doable.”

Senion’s engineering incorporates their Indoor Positioning Method (IPS), a significant-powered and robust indoor positioning technique. The IPS can help facility leaders, operation managers and other enterprise partners find and recognize the movement of people today, devices and IoT-enabled merchandise within just any place. In addition, Senion’s smart space resolution, merged with analytics and an interactive dashboard, can enable firms boost the utilization and efficiency of their bodily spaces.

Senion’s staff have joined the Place Engineering workforce in Verizon New Business Incubation, whose mission is to scale new automation enterprises, fueled by the inherent orchestration electrical power of 5G.

“Senion was made with the vision that a single day our sensor fusion technological know-how would let for exact positioning for everyone and anything, at whenever,” said Dr. Christian Lundquist, CEO and Co-Founder of Senion. “By leveraging Verizon’s know-how in connectivity and location technological know-how, we can further our work to enhance workflows for companies and generate seamless, responsive and location-informed providers.”

This press release was manufactured by Verizon. The sights expressed right here are the author’s possess.