Verizon to acquire VC-backed Sensity Systems
Verizon Communications Inc has agreed to buy Sunnyvale, California-based Sensity Systems, an IoT platform provider. No financial terms were disclosed for the deal that's expected to be completed in the fourth quarter of this year. Pagemill Partners served as financial adviser to Sensity on the deal. Sensity's backers include Almaz Capital and Mohr Davidow Ventures.
12 September 2016•3 mins read
