Smart city technology saw developments on two fronts this past week as Verizon boosted its Internet of Things (IoT) strategy through the LQD WiFi acquisition and Spain’s Libelium launhced a new platform for smart city sensors. TechCrunch reported that U.S.-based wireless giant Verizon acquired LQD WiFi to further its IoT strategy in the smart city arena. Terms of the deal were not disclosed but to date LQD had only raised $1.73 million in funding. LQD develops outdoor display equipment that house sensors which collect weather, crowd and other data.