The indoor mobile location service war is only just heating up. Google had better step up its game because Apple has just acquired WiFiSLAM, a startup that helps in indoor GPS functionality using Wi-Fi.The Wall Street Journal has reported that Apple has bought over the Silicon Valley-based company for a figure somewhere around $20 million. A person familiar with the matter said that the deal was closed recently. An Apple spokesperson said that the deal had indeed taken place. He said that the company “buys smaller technology companies from time to time” and does not generally discuss its plans.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.