For strengthening its leading position in connected smart lighting, Signify announced the agreement to acquire WiZ Connected, a lighting software solutions developer focusing on WiFi-based lighting control. WiZ Connected is a French-Asian company based in Hong Kong. Acquisition of the company enables Signify to extend its leadership by stepping into the Wi-Fi-based smart lighting market. The price of the acquisition was not disclosed by both parties. Signify expects to close the transaction in 2Q19. After the acquisition, WiZ Connected and its 53 staff member...

The WiZ Connected program launched in March allowing OEM partners to integrating the WiZ Connected Controller into their LED driver, to offer their customers full control of their lighting experience through WiFi connectivity and Bluetooth Low Energy capability via the world-class Android and iOS WiZ consumer and WiZ Pro apps, and through cloud web services for greater interoperability and scalability together with flexible multi-user control capability.

WiZ Connected Lights is officially making its North American debut as one of the most advanced smart lighting systems available. WiZ includes a full range of smart LED light bulbs, recessed lighting and stylish luminaires that instantly create an intelligent lighting system for your home, and will soon be available at Home Depot online, Amazon and a limited number of Costco stores.