Internet, News

Apple to acquire navigation startup Hopstop

Seems Apple has tighten its goal to improve its mapping services along with providing additional features to the users. As just after acquiring crowdsourced location startup Locationary, Apple is now looking to acquire a navigation startup Hopstop, reports Bloomberg.

Though amount and other details of the deal have been left undisclosed and the official statement from Apple remains the same as at time of Locationary that, “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.”

Hopstop has iPhone, Android and Web applications that provide detailed door-to-door transit, walking, biking, and taxi directions  in almost 600 cities  including New York City, Philadelphia, Moscow and Paris. It shows real-time data from a variety of sources to help users find featured businesses. Though future of its Android application is unclear after the acquisition.

Uptil now, Apple has used third party transit applications and neither its Maps on iOS offer subway information, it is expected that HopStop acquisition will help Apple to add mass transit routes to the Maps iOS app.

As its being there all over in reports, the Apple iOS navigation app Maps was having many drawbacks when it is launched first in 2012. One of the missing feature was transit directions, which now it tries to improve with hotspot acquisition. However, the exact reasons to acquire app are still unclear.

Till date, Apple has invested in many small technology based companies such as  WiFiSLAM, 3C Technologies, Poly9, and Placebase.

Launched back in 2005 HopStop had previously raised funding a round of equity financing from investors including Yaron Galai, co-founder, Quigo Technologies.

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