TruePosition Buys Rival Location Based Services Vendor, Skyhook Wireless
Published on: 23rd Feb 2014
Note -- this news article is more than a year old.
By: Ian Mansfield
Location based services provider TruePosition is buying Skyhook Wireless a provider of hybrid wireless positioning technology and contextual location intelligence.
The terms of the transaction are not being made public.
Skyhook Wireless, based in Boston, is a Wi-Fi, Cell and GPS location software provider handling billions of transactions per month. The company gained prominence when its services were used by Apple for its iPhones, although they were later dropped by the handset manufacturer.
The company is currently suing Google for patent infringement.
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.
"TruePosition has long been recognized as the industry leader in safety and security related mobile phone geo-location due to its success in the E9-1-1 space," commented Jeffrey Glass, Skyhook CEO. "We are joining forces with the global location leader and are excited to leverage our combined technologies and Liberty Media's support to enhance our suite of products for our customers while taking Skyhook into new markets."
TruePosition is owned by Liberty Media Corporation.