Reportedly, Verizon Communications, Inc. (VZ) announced the acquisition of Senion, a global leader in location-responsive solutions. Developer of an indoor positioning platform, Senion’s advanced machine-learning sensor fusion technology delivers sub-meter accuracy for precise positioning and navigation of indoor spaces. Senion’s technology includes its Indoor Positioning System (IPS), a high-powered and robust indoor positioning system.
The IPS can assist operation managers, facility leaders, and other enterprise partners to locate and understand the movement of people, machines, and IoT-enabled items within any space. Also, Senion’s smart space solution, along with analytics and an interactive dashboard, can help companies enhance the utilization and productivity of their physical spaces.
Senion’s employees have joined the Location Technology team within Verizon New Business Incubation.
Verizon Communications, Inc. (VZ) is a worldwide leader in delivering communications and technology solutions that improve the lives of its customers. To learn more about Verizon Communications, Inc. (VZ), and to track its progress please visit the Vista Partners Verizon Communications Inc. Coverage Page.
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