Intel Buys Mobile Mapping Company For $US350 Million

Intel’s chips are finally going to start showing up in phones next year and Ultrabooks are due soon, but it looks like the world’s top chip maker’s making a push in software, too. Intel just bought Isreal-based mapping software company Telmap for $US300-$US350 million.

The impetus behind the deal is to create a “true alternative” to Google Maps and Nokia’s Ovi. But more to the point, it’s a huge and telling step for Intel, which has increasingly been expanding its purview outside of pure chip-making. Intel’s AppUp blog notes that Telmap will help supply AppUp developers with a standard set of location-based APIs and software to make location services easier to add to their apps.

Telmap’s services include mapping and navigation, location-based advertising and social integration. Also included are ultra-local services like realtime traffic updates and event guides.

Intel expects the deal to close before the end of the year.

[New York Times, Telmap, Intel]


The Cheapest NBN 50 Plans

It’s the most popular NBN speed in Australia for a reason. Here are the cheapest plans available.

At Gizmodo, we independently select and write about stuff we love and think you'll like too. We have affiliate and advertising partnerships, which means we may collect a share of sales or other compensation from the links on this page. BTW – prices are accurate and items in stock at the time of posting.