Silver Spring Networks chairman, president, and chief executive officer Scott Lang says, “The Streetlight.Vision team has developed a world-class Smart City technology platform. As Silver Spring’s networking technology continues to connect an increasing volume of devices and critical infrastructure, it’s imperative that we provide sophisticated management and control of these complex networks for our customers. Streetlight.Vision’s successful track record serving a global client base also positions Silver Spring well to expand its footprint into new geographies and markets.”
Christophe Orceau, Streetlight.Vision general manager, adds: “As billions of devices are connected to the Internet of Things, the management and operation of critical infrastructure is crucial to the economic competitiveness and sustainability of the world’s leading cities. We are thrilled to join an industry leader like Silver Spring. Their proven ability to deliver and operate large-scale networks for cities and energy providers around the world makes them an ideal company to scale our technology to the next level.”
Silver Spring Networks and Streetlight.Vision first collaborated on a smart city project in Paris that successfully demonstrating a networked street lights solution. Silver Spring is also connecting street lights in Copenhagen and Miami and has delivered more than 18.5 million IPv6-networked devices for smart grid networks.
The acquisition is subject to customary closing conditions