m-Spatial acquired by mxData

Orange Local by m-Spatial
Orange Local by m-Spatial
UK-based Mobile local search specialist m-spatial was acquired last week by mxData, a mobile data applications and services company. The price of the transaction was not disclosed.

m-Spatial, developed mobile local search software, including technology which enables locations to be bookmarked and shared across different types of media. In the process, it has built partnerships with vendors such as Orange, O2, Telefonica, Vodafone and Seat Pagine Gialle, the leading Italian directory provider.

mxData’s existing live traffic and travel services will now be augmented with destination information, location tools, and personal navigation from m-spatial.

In 2001, the year of its inception, m-Spatial raised an initial £1.2 million from venture capital investors DFJ Esprit, Alta Berkeley and Delta Partners. This first round of funding was followed by several others of undisclosed value. Last year long time m-spatial CEO Andy Walker left the company to create his own LBS consulting firm, Geomolo.

Thursday, January 29th 2009

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