Geolocation platform KitLocate has been purchased by Russian internet company Yandex for an undisclosed sum.
Yandex, the Russian search giant, has announced the acquisition of Israeli startup KitLocate, the developer of an energy-efficient geolocation technology for mobile devices. The solution provides location capabilities, including geo-fencing, motion detection and social location, for location-based apps on the user’s iOS or Android smartphone.
Furthermore, it allows location-based apps to request the device’s geographic coordinates less frequently “without losing precision, which considerably extends the phone’s or tablet’s life between charges,” according to the startup. While doing this, last but not least, KitLocate’s…
