The increasingly acquisitive Vodafone accounted the acquisition of Sweden’s WayFinder this morning in Europe for €24 Million. Last Spring they also acquired Danish mobile social network ZYB for €31.5 million.
WayFinder develops mobile GPS-enabled location applications, including a GPS routing app called Wayfinder Navigator, a POI database called Wayfinder Earth, and an application called Wayfinder Active that helps athletes monitor their progress in outdoor activities. The applications are available for a wide variety of phones (including those running Symbian and Windows Mobile operating systems) but requires a GPS-capable phone to work (users without integrated GPS can also use an external Bluetooth GPS unit if their phone supports it).
Vodafone intends to use the WayFinder team and technology to develop new geo-aware applications, but existing services will continue to function (and, according to the companies, will become more affordable and available in more locations).
Nice Buy Out in Europe – Congrats from the German based http://www.spirofrog.de Team
l hate vodafone http://www.eskibirsaat.com
Even Vodafone will be a small fish in the big LBS pond.
No wonder Vodafone is on a shopping tour. Good ideas and implementations lately come at a more reasonable price?
Good job Wayfinder (if it as your intention to sell early)
Just last week I saw a presentation of a pretty cool app that does similar things for athletes. It’s called Runningmap. you can find it at http://www.runningmap.com
No wonder Vodafone is on a shopping Tour. Good ideas and execution lately come for a more reasonable price.
Good job wayfinder (if it was the idea to sell early?)
I recently saw a presentation of an app that does similar things for athletes at http://www.runningmap.com
somehow commenting doesn’t seem to work anymore. This is my third attempt.
Guess whose next on the LBS acquisition list.
Vodafone is spunking money up the wall like there’s no tomorrow. Kind of funny.