Apple Acquires WiFiSLAM, An Indoor Navigation Company

Apple Acquires WiFiSLAM, An Indoor Navigation Company

A person familiar with the matter has revealed that Apple has purchased indoor navigation company WiFiSLAM. It has reportedly paid $20 million for the company based in Silicon Valley. An Apple spokesman did confirm that the company has made this purchase, and added that Apple does purchase smaller companies from time to time, but doesn’t necessarily reveal what it plans to do with them. No further comment was made, and WiFiSLAM hasn’t commented at all on the deal.

WiFiSLAM is a two year old indoor navigation company. It developed technology that allows apps to determine the user’s location in a building, based on Wi-Fi signals. The technology is used for indoor mapping purposes. Since last year we’ve been seeing Apple’s renewed interest in mapping. It set the wheels in motion when it booted Google Maps from iOS and introduced Apple Maps. Google already has an indoor mapping offering for certain select locations, including shopping centers, airports and sports venues. WiFiSLAM is yet another weapon in Apple’s arsenal, as the mapping wars, be it indoor or out door mapping, continue to heat up.

By Ubergizmo. Related articles: Samsung Galaxy S4 Launch Results In iPhone Trade-Ins Doubling, Budget iPhone Will Release In 2013 Without Retina Display [Rumor],

WSJ: Apple takes WiFiSlam indoor-GPS mapping startup under its wing for $20M

WSJ Apple takes WiFiSlam indoorGPS mapping startup under its wing for $20M

Watch out, Google Maps for Android, it looks like Apple’s iOS Maps may soon be entering the building — when it comes to indoor GPS tracking anyway. The Wall Street Journal’s Digits blog is reporting that Apple has confirmed it purchased WiFiSlam, a startup that specializes in WiFi-assisted indoor-GPS functionality for phone apps. Interestingly, Digits notes that the company was founded by a few ex-Googlers a couple of years back and that one of its investors has included a Google employee. Further, a quick Google search confirms that any WiFiSlam-related apps that may have been on Google Play are all but dead links now.

The word on the street is that Apple handed over $20 million to claim the company, although it wouldn’t confirm any numbers — or a specific reason for the purchase — with the blog. While there’s no actual telling whether this means we’ll see indoor mapping on iOS maps at any point, it’s hard not to imagine it now that Apple’s made the purchase. We’re seeking comment from Apple on our end, and will be sure to let you know what we hear back. For now, check out an old demo of WiFiSlam in action after the break.

Filed under: , , , , ,

Comments

Source: Wall Street Journal (Digits blog)