News Articles

Monday, March 25, 2013

Apple reported to have acquired indoor location company WifiSLAM

The Wall Street Journal says Apple has acquired WifiSLAM, a Californian company that uses WiFi signals to calculate a user’s location indoors as an alternative to GPS. The deal to buy the two-year-old business is reported to be worth around $20 million (£13 million).

WiFi can be used for indoor and outdoor location services, with WiFiSLAM promising accuracy to within 2.5 metres.

The news follows criticism of Apple’s own-brand iOS mapping application last year and an apology by Apple CEO Tim Cook.

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Author: The Fonecast
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Categories: Applications, NewsNumber of views: 1302

Tags: locationappleios

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