Apple acquires localisation app maker WiFiSlam

57

Apple have a curious new acquisitin. WiFiSlam is a studio that created an app who helps a mobile device localize itself indoors with up to 2.8 metres accuracy using the in-house wireless networks. According to WSJ, the deal was valued at $20 million. The software will most likely become part of Apple’s Maps application. In the beginning of 2013 Tim Cook told analysts that the Apple is continously making improvements to its much lamented localization software. The technology will probably introduce indoor mapping, similar to how Google Maps is already covering airports, shopping malls, stadiums and other public spaces.

Ofcourse, everything these days passes through Google in some way, and WiFiSlam is no exception. The company is founded by a one-time software engineering intern at Google by the name of Joseph Huang.

Source: CNET