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Verizon Adds Drone Management Platform

Carol Wilson
2/16/2017
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With one longstanding deal still pending (Yahoo) and another massive acquisition possibly on the horizon (Charter), Verizon took time this morning for a smaller acquisition, bulking up its IoT portfolio by adding a drone management platform.

For an undisclosed sum, Verizon acquired Skyward, a privately owned company based in Portland, Ore., which has a drone operations management platform that can now be integrated into Verizon's wireless networks to create "a single source for integrating, managing and wirelessly connecting their drone operations," according to Verizon. (See Verizon Buys Skyward.)


Want to know more about drones and IoT strategies? Check out our dedicated drone section on the IoT pages here on Light Reading.


Drones are, of course, being used by businesses from agriculture to tourism to energy and utility companies, for a variety of things, including surveillance and security. Acquiring Skyward's management platform will enable Verizon to offer a streamlined drone operations option handling "end-to-end activities, such as mission planning, complex workflow, FAA compliance support, supplying information about restricted airspace and pilot credentialing, and drone registration," while also providing rate plans for drones on the Verizon wireless network.

The intent with drone management, as with other IoT applications, is to also tie them into Verizon's secure cloud interconnect service and its data analytics offerings, the company notes.

— Carol Wilson, Editor-at-Large, Light Reading

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danielcawrey
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danielcawrey,
User Rank: Light Sabre
2/16/2017 | 1:26:26 PM
M&A
Just like with its other acquistions, Verizon is branching out from just being a provider. The company knows in order to be successful it needs to be vertically integrated into some of these brand-new industries. IoT and drones make a lot of sense, moreso than Yahoo if you ask me. 
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