Deal shows how Intel Capital has helped build the Wi-Fi ecosystem to support its chips.
Founded in 2003, US-based Skyhook Wireless has developed a metropolitan-area positioning system that leverages Wi-Fi rather than satellites or cell towers to deliver location data supporting the growing market for location- based services.
When Intel Capital first backed the group, following on from seed money partially supplied by mobile phone maker Nokia, in 2005, the market for Wi-Fi, let alone value-added services was nascent at best.
The transformation in wireless broadband and the need for services since then through the…
