LEOTEK buys Dialight Traffic business
- September 2, 2024
- William Payne
San Jose based traffic IoT operation service provider LEOTEK has acquired the traffic business of Dialight, an LED industrial lighting manufacturer. The company claims the acquisition makes LEOTEK the largest low-carbon traffic signal provider in the Americas.
LEOTEK aims to expand outside its North America base to the global digital traffic signal services market through this acquisition.
Dialight is an LED manufacturer which introduced a range of traffic signal lights and industrial lighting equipment. Dialight’s ITE compliant traffic products make it one of the largest traffic signal system suppliers in the United States and Canada.
LEOTEK plans to deepen its technical integration to ensure that its AI intelligent transportation services achieve reductions of 50% in energy consumption, 30% in operating costs and 30% in carbon emissions.
Dialight CEO Steve Blair said “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 President Torrent Chin said “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.”