Wednesday, December 12, 2007

Microsoft Buys Multimap

Microsoft said today that it has acquired Multimap, a UK-based provider of mapping services. Financial terms of the deal were not disclosed. Microsoft said the acquisition would give it new location and mapping technology, which will complement its current Virtual Earth, Live Search, Windows Live, and other services. Multimap currently provides map search, routing, and travel directions. According to Microsoft, Multimap will operate as a wholly owned subsidiary of the firm, and will become part of its Virtual Earth and Search team in its Online Services group.