Verizon acquires LQD WiFi to humanize the citizen engagement experience

▤ Summary

Seeking to accelerate communities’ smart infrastructure and ignite the new fabric of urban spaces, Verizon today announced that it has purchased substantially all of the assets of LQD WiFi LLC., a private company based in New York. Mike Lanman, senior vice president, Enterprise Products and Internet of Things at Verizon, said: “LQD’s Palo technology hubs capture Verizon’s vision of delivering citizen engagement experiences by connecting people with their communities while providing critical security, transportation and wayfinding solutions as well as Wi-Fi capabilities. Palo’s human-scale touch screen lets users explore and connect with the local community creating multiple ways to engage, through an innovative, purposeful and curated experience.” “LQD is thrilled to join Verizon to redefine the urban space. As a world leader in wireless technology and smart communities, Verizon’s expertise, global scale, and leading media platforms will enable us to deliver on our mission to provide an unbounded flow of information to all people. With LQD’s technology, Verizon aims to address key community needs such as fostering economic development, bridging the digital divide, facilitating transportation and traffic management and enhancing personal security and urban planning.

▦ Linked Companies

Sensity Systems

$1M to $5M