Microsoft acquiring Multimap online mapping company
Acquisitions December 13th, 2007
Microsoft acquiring Multimap online mapping company
Software giant Microsoft has announced that they are now acquiring UK based online mapping company Multimap to expand their range of services in this market.
Microsoft would be able to use the technology and resources gained from this acquisition to boost their Live range of web services.
The two companies have not disclosed the financial aspects of the deal.
Multimap specializes in providing street-level maps, travel directions and local information.
A Microsoft representative had this to say on the deal: “This acquisition will play a significant role in the future growth of our search business.”
Checkout: Multimap
Tags: Mapping Services, Microsoft, Multimap, Online Services
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