“In a move that could intensify the battle between Android and iOS, Apple has reportedly acquired an indoor GPS company to begin mapping malls, airports and other hotspots,” Louis Bedigian writes for Benzinga.
“According to The Wall Street Journal, Apple may have paid as much as $20 million for WiFiSLAM, a two-year-old startup,” Bedigian writes. “Founded by Joseph Huang (a former software engineer intern at Google), Jessica Tsoong, Darin Tay and Dave Millman, WiFiSLAM developed technology to pinpoint a smartphone’s location within 2.5 meters. The company uses ambient Wi-Fi signals (which are already present in many buildings) to provide this info in real-time.”
Bedigian writes, “By acquiring WiFiSLAM, Apple will be able to bring indoor maps of malls, airports, convention halls and other indoor complexes to iOS.”
Read more in the full article here.
Apple acquires indoor location company WifiSLAM for $20 million – March 23, 2013