Estonian mobile mapping software development company Nutiteq has been recently acquired by a New York-based location intelligence company CartoDB, the companies announced.
The Tartu, Estonia-based company is a developer of mobile maps for smartphone platforms. Its acquisition by the American company will allow CartoDB to offer a cross-platform mobile mapping software development kit “with a core rendering engine that complements its geo-analytics capabilities”, CartoDB said in a statement.
“We believe there is a big opportunity to rethink how we interact with location data on mobile devices. Most geospatial innovation has been pushed to the consumer space. Now enterprises will be able to make use of location intelligence on mobile devices with CartoDB,” Javier de la Torre, the CEO of CartoDB, said.
“We’re thrilled for the potential to unlock massive value for location intelligence in virtually every industry,” Jaak Laineste, the CEO of Nutiteq, added. “It’s no surprise that people are moving from laptops to smartphones, and it’s safe to say that enterprises will be quick to follow.”
Laineste will continue with the company as the leader of the mobile division. The entire Nutiteq team will join their new parent, CartoDB said.
CartoDB, launched in 2012, is a software as a service (SaaS) cloud computing platform that provides geographic information system and web mapping tools for display in a web browser.
Nutiteq was founded in 2006 and employs 100 people, of which about half are Android, iOS and Windows Phone developers.
