Apple Acquires Indoor GPS Startup WiFiSlam For $20M

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http://techcrunch.com – The Wall Street Journal is reporting today that Apple has acquired WiFiSlam, an indoor GPS startup that enables smartphones to pinpoint its location — along with that of your friends — in realtime up to 2.5 meters in accuracy. Apple paid $20 million to acquire WiFiSlam, although the specific terms of the deal have not been shared as of yet. However, Apple has confirmed the acquisition, telling Macrumors: The two-year-old startup has developed ways for mobile apps to detect a phone user’s location in a building using Wi-Fi signals. It has been offering the technology to applicati (IT news)