SAN
JOSE, Calif., July 31,
2024 /PRNewswire/ -- LEOTEK, a San Jose based traffic IoT operation service
provider, has acquired the traffic business of Dialight, a renowned
Global Leader in LED industrial lighting manufacturer. President
Torrent Chin stated, "This acquisition represents LEOTEK's
strategic layout in the global smart transportation sector. From
traffic signal system management, roadway lighting, traffic
monitoring, electric vehicle charging stations, to AI Roadway
Management, we will persist in investing in the development and
integration of AI intelligent transportation operation technology,
offering safe, ecological, and low-carbon transportation services
to enhance urban infrastructure and operational
efficiency."
Already a dominant force in North
America, LEOTEK is set to become a global pioneer in digital
traffic signal services through this acquisition. With a presence
in over 30 countries and partnerships with thousands of public and
private transportation entities, LEOTEK continues to pursue traffic
upgrades in major cities across entire Americas.
Dialight, a Global LED industry titan with a rich history dating
back to 1938, has evolved with LED technology to introduce a range
of traffic signal lights and industrial lighting
equipment. Dialight's ITE compliant traffic products have
established it as one of the largest traffic signal system
suppliers in the United States and
Canada. Dialight CEO Steve Blair stated , "Both Dialight and
LEOTEK have served the North
America market for over 30 years. Our products, including
Dialight 's solutions for extreme industrial
environments and LEOTEK's for high quality traffic and roadway
lighting products, are market tested. With AI- IoT for real-time
monitoring, we are the only two companies in traffic to offer up to
15 years warranty." LEOTEK integrates intelligent sensors
into their visible signals and collects big data for their Roadway
Management System, enabling effective vehicle-to-infrastructure
(V2I) networking services.
Moving forward, LEOTEK will deepen its technical integration to
ensure that its AI intelligent transportation services
significantly reduce 50% energy consumption, 30% operating costs
and 30% carbon emissions. LEOTEK is committed to laying out carbon
management for various infrastructures, expanding carbon management
through intelligent monitoring, electric vehicle charging
equipment, and other devices. This acquisition is driving the
"Roadway Intellimation" transformation towards the digital and
sustainable initiatives.
About LEOTEK
LEOTEK operates dual headquarters in Silicon Valley and
Taipei and is the largest provider
of AI-powered intelligent traffic operation services in the
Americas , serving road infrastructure in over 30 countries across
America, Europe, the Middle East, and Australia for over 30 years. Committed to
AI-driven smart roadway maintenance and IoT predictive maintenance
services, LEOTEK focuses on safety, ecology, and low carbon to
drive urban transformation towards net zero intelligence. For more
information, visit www.leotek.com .
About Dialight
Dialight (LSE: DIA.L) is a global leader in sustainable LED
lighting for industrial applications. Dialight's LED
products are providing the next generation of lighting solutions
that deliver reduced energy consumption and create a safer working
environment. Our products are specifically designed to provide
superior operational performance, reliability, and durability,
reducing energy consumption and ongoing maintenance, and achieving
a rapid return on investment. The company is headquartered in
the UK, with the main operations in
the USA, UK, Mexico, Malaysia,
Singapore, and Australia. To
find out more about Dialight,
visit www.dialight.com.
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SOURCE Leotek corporation