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Verizon Acquires LQD WiFi to Expand IoT to Smart Cities

Verizon Acquires LQD WiFi to Expand IoT to Smart Cities Image Credit: LQD WiFi

Verizon, Monday announced that it has purchased substantially all of the assets of LQD WiFi, a private company based in New York to build out its IoT business.

LQD WiFi is a developer of outdoor interactive displays that provide WiFi connectivity along with news, emergency alerts and community information. The publicly-accessible smart hubs, known as Palo also offers a range of services such as wayfinding, transit updates, security cameras, and emergency calling. 

LQD and Verizon are currently designing solutions for municipalities, private developers, academic institutions and entertainment venues. Verizon also sees opportunity to promote civic innovation and deliver data driven solutions leveraging the open data platforms of cities. These solutions will help communities better inform and engage with their constituents.

Verizon has developed an array of connected solutions including intelligent parking, lighting, traffic management and security that improve livability, resiliency and public safety for local communities. LQD's assets will be integrated with the market- leading smart community infrastructure from Sensity Systems, which Verizon acquired last month. Verizon's Smart Communities organization, which is a part of its IoT business, is also simplifying the creation of IoT applications through its ThingSpace platform.

Mike Lanman, senior vice president, Enterprise Products and Internet of Things at Verizon
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.

LQD Founder and CEO Randy Ramusack
We designed Palo, from day one, to be part of the community, offering Wi-Fi, public safety features and a unique, interactive community engagement platform. 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.

Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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