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Microsoft Taps into Multi-Map

by Ian Paul on December, 14 2007 at 08:12AM EST

Microsoft acquired Multimap on Wednesday, a leading provider of location-based services in Europe. The privately-owned British company is one of the United Kingdom's top 100 technology firms, and was an early pioneer in online mapping for the island ... country. According to the Times of London, the deal is worth $50 million dollars, half of which will go to Multimap's founder Sean Phelan. (Source: timesonline.co.uk ) The website is the second most popular online destination in its class in the UK, trailing Google Maps and leading Microsoft's Live Search Maps (which came in fifth). This is the ... (view more)

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