Industrial Internet of Things (IIOT)

GE Selling Intelligent Environments Business, Current to Private Equity Firm

GE reported a proposed deal to sell its intelligent environments business, Current, powered by GE, to American Industrial Partners, a New York-based private equity firm. Current, powered by GE, a three-year-old startup, recently began introducing industrial LED lighting with the company’s environmental sensing technology embedded. Current’s latest product release, for …

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Osram Launches Building Automation and IoT Platform Lightelligence

Osram has introduced a platform for building automation and IoT services that it calls Lightelligence. The building automation and IoT platform name obviously combines the words light and intelligence. According to Osram, the Lightelligence platform examines data from a variety of sensots to provide valuable insights into the conditions of …

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Itron to Acquire IIoT Platform Provider Silver Spring Networks

Itron, a company that offers energy and water resource management services, has agreed to acquire Silver Spring Networks. Silver Spring Networks offers Internet of Things connectivity and platform solutions to cities and utilities under the company’s Internet of Important Things™ platform, its brand of Industrial Internet of Things services. Silver …

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Osram Acquires Industrial IoT Firm Digital Lumens

German firm Osram has agreed to acquire Digital Lumens Inc., a U.S. company based in Boston, Massachusetts. Digital Lumens specializes in industrial IoT solutions. Founded in 2008, Digital Lumens now has 65 employees. During the last fiscal year, the company generated revenues in the mid-double-digit millions (USD). The company’s software …

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Echelon Debuts InSight Technology for Smart Cities Using Lumewave by Echelon; Spokane to Get New InSight System

Echelon -- InSight system using Lumewave by Echelon installed atop traffic signal pole in Spokane, Washington

Echelon Corporation of Santa Clara, California, debuted a patent-pending cognitive vision-based technology for smart city and smart campus applications. Echelon InSight™ employs artificial intelligence in vision-enabled edge devices. The company developed InSight for the Industrial Internet of Things (IIoT) applications. On-Site Data Collection and Processing Requires Less Bandwidth InSight collects …

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