Intel to acquire Telmap, dole out easy to implement location APIs to AppUp developers

In case you weren't watching, Intel's Elements 2011 Keynote slipped in a sly acquisition announcement: the firm recently signed a deal to absorb Telmap, an Israel-based outfit whose location platform is the backbone of countless navigation apps. Intel's Peter Biddle says the navigation firm is to become a wholly-owned subsidiary of Intel, and will help AppUp developers pack their apps with unique location capabilities via Telmap's standardized APIs. Biddle wraps it up simply enough: "New advanced capabilities with just a few lines of code." Details on the deal are scarce, but hit the source link below to see Biddle's full statement in Intel's AppUp wrap-up.