Ubicquia acquires smart city platform CityIQ from GE Current
U.S. firm Ubicquia, which specializes in smart streetlight and smart city platforms, announced that it has acquired CityIQ. Ubicquia is buying all CityIQ’s assets, including technology, related patents and contracts with major customers and cities across the U.S. and Canada.
CityIQ, owned by GE Current, has been focusing on providing smart city digital infrastructure solutions for traffic optimization and public safety for cities across the U.S.
According to Ubicquia, CityIQ’s fully integrated form factor simplifies installation across all cobra head and ornamental streetlights. The CityIQ edge AI platform captures and analyzes street-level video and audio data to solve daily challenges facing cities including reducing traffic times and queue lengths, improving bicycle lane utilization and safety, reducing crime and supporting public health initiatives. CityIQ has a published set of APIs and tools to help cities integrate their data with internal business intelligence systems or with third party partner platforms including ShotSpotter, Genetec and Xaqt. To date, CityIQ has been deployed in numerous cities across the U.S. and Canada including San Diego, Atlanta, Portland and Schenectady.
“CityIQ is an ideal fit with Ubicquia’s portfolio of streetlight smart city and small cell solutions including our Ubicell, Ubihub and Ubimetro,” said Ubicquia CEO Ian Aaron. “In addition, the CityIQ team brings deep relationships with key smart city stakeholders and public sector thought leadership on how CityIQ and AI technology can align with a city’s Open Data and Privacy policies.”
“We are pleased to pass the reigns of the CityIQ business to Ubicquia” said Manish Bhandari, president and CEO of GE Current. “They are an excellent fit for our people, the technology and for the platform’s customers. By adding CityIQ to Ubicquia’s other technology, they will jointly be better positioned to accelerate solutions for cities solving their most pressing public health and safety issues.”
Ubicquia offers municipalities, utilities and mobile operators an expandable platform for deploying smart city, broadband and small cell services. The Ubi suite of product lines include Ubicell, Ubihub and Ubimetro which are NEMA socket-compliant and compatible with more than 360 million streetlights globally.
GE Current focuses on energy management systems; it was established as a startup subsidiary of General Electric in 2015, but was acquired by American Industrial Partners last year. It has two main segments, one which revolves around LED lighting, and its digital segment for sensors, controls and apps for buildings and cities.