Signify Acquires Hong Kong Based WiZ Connected
Industry News April 17, 2019 TiL Editors
Signify has agreed to acquire WiZ Connected, developers of the WiZ Wi-Fi-based connected lighting ecosystem. The addition of WiZ enables Signify to extend its potential in connectivity by stepping into the Wi-Fi-based smart lighting market.
“We are very pleased to join forces with the teams of WiZ Connected who have developed a great technology platform enabling to address a larger customer base in the growing market of Wi-Fi-based lighting. It perfectly complements Signify’s existing offers and will help us to continue to deliver an experience rich in light and intuitive in use for our customers,” said Eric Rondolat, CEO of Signify.
“We are pleased to be part of Signify, the world leader in lighting. WiZ is an open IoT platform, accessible to all lighting and electrical vendors, providing the benefits of connected devices to all end-users,” said Jean-Eudes Leroy, CEO of WiZ Connected. “Together with Signify, we will reach a large audience of unaddressed customers with our easy-to-use, scalable solution.”
WiZ Connected has headquarters in Hong Kong. Its 53 staff members will continue to sell Wi-Fi-based connected lamps and luminaires across the world under its own brand name.