TruePosition Inc., a Berwyn, PA based provider of wireless location solutions, acquired Skyhook Wireless, a Boston, MA-basedĀ provider of hybrid wireless positioning technology and contextual location intelligence.
The acquisition – of undisclosed amount – aims to bolster the product portfolio of both companies by leveraging their complementary technologies.
Led by Jeffrey Glass, CEO, Skyhook Wireless is a global Wi-Fi, Cell and GPS location software provider. Its Precision Location and Context Accelerator SDKs leverage the network to enable businesses to access to geospatial insight, optimize mobile and device experiences, provide the right content when it’s needed and certify that location is precise and reliable.
Led by CEO Steve Stuut, TruePosition creates custom geo-location solutions that leverage a variety of wide-area cellular location techniques including Uplink Time Difference of Arrival (U-TDOA), Enhanced Cell ID (E-CID), Assisted Global Positioning System (A-GPS), and TV Signal Positioning primarily for public safety and security purposes. The company is owned by Liberty Media Corporation.
FinSMEs
28/02/2014