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Digital mapping firm MapmyIndia today said it has acquired Bengaluru-based VIDTEQ for an undisclosed amount. MapmyIndia is leading player in the area of digital map data and APIs, GPS navigation, tracking, location apps, and GIS solutions. “The MapmyIndia and VIDTEQ teams are excited to build the future of maps and location technologies together, that can make our world better,” MapmyIndia CTO Rohan Verma said in a statement. Founded by Chandra Thimmannagari and Navada Muraleedhara in May 2008, VIDTEQ offers a video map technology that allows users to view a video clip of the complete route from any source to the destination within a city. It already covers over 20 Indian cities. Besides, MapmyIndia announced a slew of partnerships. Under the collaboration with Reverie Language Techn...

Amazon.com and Microsoft are in talks to supply cloud computing to digital mapping business Here.com, owned by a group of German carmakers developing self-driving cars, sources familiar with the matter said. Amazon is also considering becoming a shareholder in Here, two sources said. Last year, carmakers BMW, Audi and Mercedes struck a EUR 2.5 billion ($2.85 billion or roughly Rs. 18,928 crores) deal to buy Nokia's Here maps business. Intelligent mapping systems supply information to control self-driving cars, which are equipped with street-scanning sensors to measure traffic and road conditions. This location data can in turn be shared with other map users. "Amazon would take a stake as part of a broader deal to lock them in as a provider of cloud computing services," one sour...

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MapmyIndia Acquires Bengaluru Based VIDTEQ To Build 3D and 360 Degree Map