“If a CEO and co-founder quits his indoor positioning startup to work for Apple, should his staff and customers be concerned?” Sarah Perez reports for TechCrunch. “”
“Wifarer, a startup which offers tools to help consumers navigate malls, museums and other venues, was not acquired by Apple, we learned, while following up on some tips pointing in that direction,” Perez reports. “However, its CEO and founder Philip Stanger now works there in a ‘leadership role.'”
“Meanwhile, the company he founded continues to be run by new CEO Lise Murphy, previously Wifarer’s VP of Marketing. Oh, and Lise is also Philip’s wife, so Wifarer sort of ‘remains in the family,’ I’d guess you’d say,” Perez reports. “TechCrunch received tips hinting that Wifarer could be yet another indoor positioning acquisition for Apple, which is still trying to catch up to Google in this space. Apple, you may recall, notably acquired another indoor navigation startup, WiFiSlam, in March 2013 for $20 million.”
Much more in the full article here.