Microsoft has bought UK online mapping company Multimap.
The acquisition gives Microsoft powerful new location and mapping technology
to complement existing offerings such as Virtual Earth - the company's rival to
Google
Earth -
Live
Search,
Windows
Live services and
MSN.
Microsoft said there is also future integration potential for a range of
other Microsoft products and platforms. Terms of the deal were not disclosed.
Sharon Baylay, general manager of the Online Services Group at Microsoft,
said: “The addition of
Multimap
enhances Microsoft’s position as a leading provider of mapping and location
platform services.
“This acquisition will play a significant role in the future growth of our
search business and presents a huge opportunity to expand our platform business
beyond the UK and globally. We are thrilled to welcome Multimap onboard.”
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