HERE TECH­NOLO­GIES AC­QUIRES IN­DOOR MAPS PROVIDER MICELLO

PCQuest - - SMB NEWS -

Here Tech­nolo­gies has an­nounced that it has ac­quired Cal­i­for­nia based Micello, a pri­vately held soft­ware com­pany that op­er­ates a plat­form for cre­at­ing, edit­ing and pub­lish­ing in­door maps.

Ankit Agar­wal, CEO of Micello, said, “This is an ex­cit­ing op­por­tu­nity for Micello and our team. HERE’s in­vest­ment in in­door maps will also sig­nif­i­cantly ben­e­fit our cus­tomers and Mar­ket­place part­ners. We look for­ward to join­ing HERE, grow­ing our Mar­ket­place of part­ners and re­al­iz­ing our mis­sion of map­ping ev­ery­thing in­doors.”

“The ac­qui­si­tion of Micello is an im­por­tant strate­gic in­vest­ment for us to rapidly grow our ecosys­tem of part­ners and ac­cel­er­ate our growth in in­door map­ping,” said Leon van de Pas, Se­nior Vice Pres­i­dent of the In­ter­net of Things at HERE Tech­nolo­gies.

HERE said in­door maps of build­ings such as cor­po­rate cam­puses, shop­ping malls, air­ports, mu­se­ums, con­ven­tion cen­ters, hos­pi­tals, train sta­tions and sta­di­ums have be­come a key area of growth and a ma­jor dif­fer­en­tia­tor for dig­i­tal map­ping providers.

The fi­nan­cial de­tails of the ac­qui­si­tion were not dis­closed by both the com­pa­nies.

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