Apple is said to have paid $20m for Silicon Valley startup WiFiSlam

Apple acquires smartphone GPS mapping startup

Apple has acquired a Silicon Valley startup, WiFiSlam, which makes mapping applications for smartphones.

Apple confirmed the acquisition, but declined to give details.

The news was earlier reported by the Wall Street Journal, which quoted a person familiar with the matter as saying that Apple paid around $20m for the company.

"Apple acquires smaller technology companies from time to time, and we generally do not discuss our purpose or plans," an Apple spokesman said.

WiFiSlam develops technology that provides indoor tracking and similar services.

Big tech companies such as Apple and Google have been racing to provide more and better map applications for users.

Google's application, Google Maps, is widely accessed on Google's Android platform and rival Apple's rival iOS platform.

Recent articles

Info Message

Our sites use cookies to support some functionality, and to collect anonymous user data.

Learn more about IET cookies and how to control them