Location-based tech firm uLocate acquires Zync
ULocate is a Framington, Mass. company that provides location-based services to mobile phone users for Sprint and other networks, on a subscription basis.
It’s got a platform for developers to create locational applications — for instance, an app could be designed to show users all the shopping closest to their current location.
That’s where Zync comes in. Based in Boston, Zync makes predictive software that can provide recommendations to users based on the preferences of similar people.
The acquisition price for Zync wasn’t disclosed. We last wrote about uLocate in 2007, when it got $11 million in funding.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.