Acquisition Latest News: Apple Buys 2 Mapping Companies

Apple confirmed that it had bought the mapping start-ups HopStop and Locationary, giving the company more expertise in an area where it has struggled. Apple has reportedly snapped up local transit and directions service Hopstop to bolster its mapping services. Yelp has agreed to acquire Web and mobile reservations service SeatMe for around $12.7 million in cash and stock
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