
Intel Looks For Revenue From Location Services
The acquisition, which was announced while Intel's AppUp Components developer conference in Seattle, will give Intel a potential source of revenue from mapping services. Telmap powers mapping applications for a number of mobile operators, including Orange, Telefonica's O2 and SFR in France, owned by Vivendi, and this is where the majority of the company's earnings come from today, according to Oren Nissim, the CEO of Telmap, who spoke before to mocoNews.
Telmap has been working to develop more services on its location platform that can generate furthermore revenue, for instance location-based advertising that works on top of a free mapping service, "following the concept of the fremium model," said Nissim. Apps like the Telmap Navigator are free to download but at the time have additional features that may be charged, or used with license fees paid to the companies that integrate the service.
Fundamental company data provided by Capital IQ. Historical chart data and daily updates provided by Commodity Systems, Inc.. International historical chart data, daily updates, fundAnalyst estimates data provided by Thomson Financial Network. All data povided by Thomson Financial Network is based solely upon innovation information provided by third party analysts. Yahoo! has not reviewed, and by no means whatsoever endorses the validity of such data. Yahoo! and ThomsonFN shall not be liable for any actions taken in reliance thereon.
- · Rackspace debuts OpenStack cloud servers
- · America's broadband adoption challenges
- · EPAM Systems Leverages the Cloud to Enhance Its Global Delivery Model With Nimbula Director
- · Telcom & Data intros emergency VOIP phones
- · Lorton Data Announces Partnership with Krengeltech Through A-Qua⢠Integration into DocuMailer