Exclusive: Uber acquires mapping startup


Uber, the popular ride-sharing startup, is acquiring the mapping and search startup deCarta for an unspecified amount, Mashable has learned.

The deal, which closes later this week, is for DeCarta’s technology and talent. Founded in 1996, the San Jose startup provides a software platform that focuses on location-based features, including mapping, local search and turn-by-turn navigation.

Roughly 30 out of 40 deCarta employees will remain with the company once the deal closes, including deCarta CEO and President Kim Fennell. DeCarta will continue to operate as a wholly-owned subsidiary of Uber. Read more…

More about Small Business, Startups, Tech, Apps Software, and Dev Design

from Tech http://ift.tt/1F6DJnd