Verizon acquires precise positioning company Senion [telecom]

By Joe Dyton

Carrier can now offer businesses, CRE owners positioning capabilities like location sharing and geofencing.

Wireless carrier Verizon recently announced it acquired Senion, a location-responsive solutions provider. Senion, which developed an indoor positioning platform, uses advanced machine learning sensor fusion technology to bring sub-meter accuracy for precise positioning and indoor space navigation. The acquisition will allow Verizon to expand its location-based technology offerings and let commercial real estate owners and companies better and more safely manage their spaces. Services such as indoor wayfinding and geofencing, location sharing, analytics and predictive intelligence will all see a boost from this acquisition.

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***** Moderator's Note *****

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