Apple Scoops Up WifiSLAM for $20m


Apple recently acquired WifiSLAM, an infoor-GPS location company. Apple paid a reported $20 million for the company, says the Wall Street Journal.

A spokesperson for Apple confirmed the reports, but said, “[Apple] buys smaller technology companies from time to time” but added that it usually doesn’t discuss plans for these acquisitions.

According to the report, the company specializes in making it possible for moble apps to figure out a user’s location inside a building using wifi signals. This, it seems, is part of Apple’s move to up its mapping/location power against Google. It says that Google offers indoor mapping at some locations already, larger places such as airports.

[WSJ via MacDailyNews]

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