Apple has acquired indoor GPS company WifiSLAM for around $20 million. WifiSLAM is a two-year-old startup that has developed ways for mobile apps to detect the location of a phone in a building with Wi-Fi. A brief description of the company notes applications including step-by-step indoor navigation, product-level retail customer management, and proximity-based social networking. The addition of the technology will theoretically help Apple compete with Google in mapping, as Google already offers a number of indoor maps. [via The Wall Street Journal]
Apple acquires indoor GPS company WifiSLAM
By Phil Dzikiy
Phil Dzikiy was the Editor-in-Cheif at iLounge. He mostly edited and oversaw all site editorial content, managed staff and freelancers, made the final call on product review grades and awards, and led online coverage of all Apple events and live coverage of the International CES in 2015.