Apple acquires mapping apps startup WiFiSlam

See on Scoop.itData Nerd’s Corner

Apple has acquired mapping startup WiFiSlam, which is developing an indoor location service for smartphones, Apple said Monday.

Carla Gentry CSPO‘s insight:

Apple paid around US$20 million for the company, according to a Wall Street Journal report citing an unnamed source.

WiFiSlam allows smartphones to pinpoint their location to an accuracy of 2.5 meters using only ambient Wi-Fi signals that are already present in buildings, according to the company’s AngelList profile. The company’s website was down at the time of writing.

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