Apple Acquires Impressive Indoor Location Startup
According to the Wall Street Journal this evening, Apple has acquired indoor-GPS company WifiSLAM, a sign that the war over indoor mobile location services is heating up. The report claims that Apple paid around $20 million for the Silicon Valley-based company. The company describes its main product this way: "Allow your smartphone to pinpoint its location (and the location of your friends) in real-time to 2.5m accuracy using only ambient WiFi signals that are already present in buildings." This is illustrated in two videos presented below.
The move comes as Apple continues to build its arsenal against Google in mapping. The company was a two-year old start-up co-founded by former Google software engineering intern Joseph Huang and Jessica Tsoong.
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Original Page: http://www.patentlyapple.com/patently-apple/2013/03/apple-acquires-impressive-indoor-location-startup.html
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