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

|About: Apple Inc. (AAPL)|By:, SA News Editor

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)