Russia’s search giant Yandex, which is increasingly rolling into new areas as a way to continue expanding its business, has made a small acquisition — to the tune of “several million euros” — focused on mobile location services. It’s picking up Israel’s Kitlocate, a maker of low-power mobile geolocation technology.
KitLocate, which was founded back in 2011, offers an SDK for iOS and Android developers to make their apps location aware. Location capabilities provided by the SDK include geo-fencing, motion detection and social location.
KitLocate’s flagship feature is reduced battery consumption — squeezed down to less than 1% per hour during use — thanks to its proprietary algorithms which allow location-based apps to request the device’s geographic coordinates less frequently without losing too much precision.
Source: TechCrunch
Source: TechCrunch
