Recently, the iPhone maker company was in news due to the low-cost iPhones due to come in the market. Now they are hot due to a very recent business transaction made by them. In an attempt to ameliorate its mapping systems Apple Inc. has bought another navigation company named Embark Inc.
last year the company debuted its map service but unfortunately it had many said bugs for which later the company's CEO Tim Cook had to apologize. Well so they had to do something for that and so they are working really hard for that. In that pursuit they have been buying many small companies since a very long time but no one paid any major attention to them till now.
Apple started its own mapping system after it dropped Google maps with lots of expectations, but none came true. Some other recent deals were made by Apple Inc. in this area only. It agreed to buy a company named hopStop.com last month only followed by another business-location maps focused company, Locationary Inc. The most recent being Embark Inc. which specializes in providing info about public transportation maps. Another company recently taken over by Apple is WifiSlam and guess what it does? Well it actually identifies the location of a person inside a building using WiFi.
Experts can only add that it will depend on what Apple actually makes out of this puddle of small companies. Maybe it will be able to launch something so perfect that it will be the new mapping system of devices, or maybe not.
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