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Apple (AAPL) makes another Maps-related acquisition, buying Canadian startup Locationary for an...

Apple (AAPL) makes another Maps-related acquisition, buying Canadian startup Locationary for an undisclosed sum. Locationary has created a database that improves the accuracy of business/POI locations within mapping and local services platforms (Google Maps, Yelp, Foursquare, etc.). Apple has taken some shots regarding Maps' location data. The purchase comes 4 months after the company bought indoor mapping/positioning tech developer WiFiSlam. Tim Cook stated in May Apple had made 9 acquisitions in FY13, of which only 2 had been disclosed. (other mapping acquisitions: C3, Placebase, Poly9)
Comments (3)
  • lmontgom
    , contributor
    Comment (1) | Send Message
     
    I thought that AAPL bought Waze. NO?
    19 Jul 2013, 10:39 AM Reply Like
  • MJ Pragmatist
    , contributor
    Comments (87) | Send Message
     
    I believe Apple uses Waze for some of its traffic data.
    19 Jul 2013, 06:32 PM Reply Like
  • lboquiren
    , contributor
    Comments (7) | Send Message
     
    GOOG bought it and actually released some part of it yesterday when I updated my google maps.
    19 Jul 2013, 10:52 AM Reply Like
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