Greenwave Systems And VTech Partner To Expand Connected Ecosystems Powered By DSP Group's ULE Technology

The three companies will introduce award-winning IoT technology to Accelerate ULE-IoT Deployments
VTech Logo
VTech Logo
Greenwave Systems Logo
Greenwave Systems Logo

SAN JOSE, Calif., Jan. 05, 2017 (GLOBE NEWSWIRE) -- DSP Group, a leading global provider of wireless chipset solutions for converged communications, Greenwave Systems, the global Internet of Things (IoT) software and managed services leader, and VTech, the world's leading manufacturer of cordless phones and electronic learning products, today announced a partnership to advance VTech connected home products by licensing Greenwave's sensor technology. The solution will be based on DSP Group's Ultra Low Energy (ULE) offering. The collaboration further emphasizes the companies' dedication to creating flexible networks that are scalable, secure and promote interoperability, in order to facilitate the best-connected experience in the home or enterprise ecosystem.

"We're excited to collaborate with two such market leaders to deliver best-in-class IoT solutions. By leveraging Greenwave's expertise and award-winning IoT management system and VTech's superb ULE wireless monitoring sensors we are well-positioned to further expand our portfolio of partners and customers. Together we are truly shaping the future of IoT solutions using our proven ULE and DECT technologies," said Ofer Elyakim, CEO of DSP Group. "ULE has proven itself to be the technology of choice for IoT solutions at home and a unifying force in the home automation market."

If you liked this article you might like

Insider Trading Alert - CDE, AIRT And DSPG Traded By Insiders

Insider Trading Alert - OMC, DSPG And MDSO Traded By Insiders

Insider Trading Alert - LKFN, SXL And DSPG Traded By Insiders

DSP Group (DSPG) Upgraded From Hold to Buy

8 Stocks Spiking on Big Volume: Kate Spade, and More