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>> APPLE INC. Latest News

MAR 25, 2013 - MarketWatch

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Apple buys indoor GPS specialist: WSJ

FRANKFURT (MarketWatch) -- Apple Inc. bought indoor-GPS firm WifiSLAM for around $20 million, The Wall Street Journal reported late Sunday, citing a person familiar with the deal who said it closed recently. The acquisition of the start-up comes as Apple attempts to catch up with Internet search firm Google Inc. in mapping, the report said, noting that Google offers indoor mobile maps of shopping malls and airports for Android phones but not for Apple iPhone users. An Apple spokesman confirmed the deal, the Journal said, while representatives for WifiSLAM didn't respond to a request for ... Read More

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