Deal will combine the power of indoor navigation tech with data analytics The acquired solution utilises the Earth’s geomagnetic forces for heightened accuracyEnlarged business provides platform for growth in both UK and USFast-growth data analytics firm Purple WiFi has acquired US wayfinding business LogicJunction. In the deal announced today, Manchester-headquartered Purple confirmed the takeover of Ohio-based LogicJunction, with the combined businesses operating under the Purple brand. The acquisition is a majority stock deal, with the... Source: RealWire
via Albert Sherrill Investment Blog http://www.realwire.com/releases/Purple-WiFi-supercharges-intelligent-space-proposition
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