Announced
Completed
Financials
Sources
Tags
Private
digital maps
Completed
Acquisition
Friendly
Majority
Single Bidder
Software
Sweden
Private Equity
Disposal
Synopsis
Facebook completed the acquisition of Mapillary, a service for sharing crowdsourced geotagged photos. Financial terms were not disclosed. Mapillary Chief Executive Officer Jan Erik Solem, who founded the Malmö-based startup after leaving Apple in 2013, said his company’s technology would be used to power products like Facebook Marketplace and supply data to humanitarian organizations.
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