Technology content trusted in North America and globally since 1999
8,453 Reviews & Articles | 64,947 News Posts

Apple acquires WiFiSlam, an indoor GPS mapping startup

Apple acquires indoor GPS mapping startup, WiFiSlam, for $20 million

By Anthony Garreffa from Mar 24, 2013 @ 3:56 CDT

Apple is still trying to begin to (because they aren't right now) compete with Google and their far superior mapping service, where the Cupertino-based company have just acquired an indoor GPS tracking startup, WiFiSlam.

The Wall Street Journal has confirmed that Apple have acquired the startup, who specializes in WiFi-assisted indoor GPS functionality for smartphones. What makes this news interesting is that the company was reportedly founded by a few ex-Google staff a couple of years ago, with one of their investors included a Google employee. A stronger confirmation on this is the fact that any WiFiSlam-related apps have been removed from the Google Play Store.

apple_acquires_wifislam_indoor_gps_mapping_startup_01

Apple reportedly coughed up $20 million for the startup, but no confirmation on this has materialized. I'm sure we'll see more on this in the future.

NEWS SOURCES:Engadget.com, Appleinsider.com


Related Tags

PRICING: You can find products similar to this one for sale below.

USUnited States: Find other tech and computer products like this over at Amazon.com

UKUnited Kingdom: Find other tech and computer products like this over at Amazon.co.uk

AUAustralia: Find other tech and computer products like this over at Amazon.com.au

CACanada: Find other tech and computer products like this over at Amazon.ca

DEDeutschland: Finde andere Technik- und Computerprodukte wie dieses auf Amazon.de