Uber acquires assets of Microsoft Bing's Mapping tech
Washington, June 30 : Uber has announced that it is acquiring assets from Microsoft Bing, including around 100 data-collection engineers focused on the Bings's image collection activities.
According to the Techcrunch. com, both companies confirmed the transaction but neither named the terms of the agreement. Also, both firms declined to elaborate on what the assets are.
Uber said that it is excited about the talent and technology that this acquisition brings. Microsoft said that it has taken many actions to focus the company's efforts around their core business strategy in the last year.
This transaction highlights Uber's increasing efforts to build its own mapping service. (ANI)