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DISH buys IoT startup Parkifi

DISH Network Corp. purchased Parkifi, a company that builds and sells patent-pending internet of things-enabled parking sensors with cloud-based analytics.

Denver-based Parkifi will continue to serve customers and grow its base across the U.S. as part of DISH, the company said Feb. 1. Financial terms of the deal were not disclosed.

Parkifi co-founder Ryan Sullivan will lead a new team at DISH that will sell and support products and services for the brand.