Telensa goes Dutch as Signify sees the light
Dutch-based global lighting company Signify has acquired Telensa in Cambridge for an undisclosed sum to expand its smart city infrastructure portfolio.
Plextek spin-out Telensa’s smart streetlight control system is the world’s largest with a footprint of over two million lights covering entire cities and regions.
Signify will gain narrow-band and TALQ-compliant solutions through the deal, allowing the company to make smart city infrastructure affordable to cities using unlicensed radio space.
Signify and Telensa will be able to service towns and cities that want connected lighting and smart city central management system.
Telensa has sold around 100 networks connecting more than two million light points in more than 400 cities around the world. It has relatively recently started projects in the US, Brazil, Hong Kong, the UAE, Australia and New Zealand. The company was founded in 2005 and employs 58 people.
Harsh Chitale, Division Leader Digital Solutions at Signify, said: “We are very excited to welcome Telensa as part of Signify. With its talented team and proven track record we are adding a well-established technology and competitive offering to fuel the uptake of solutions for smart cities around the world.”
Telensa’s preliminary sales were around £11 million for the year ending March 2021.