Vicinity Corporation
Vicinity Corporation provides geographical mapping services through Web, wireless, and speech platforms.
Business Model: B2B
Revenue: $0
Employees: 501-1,000
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Detailed Vicinity Corporation Information
Vicinity Corporation was acquired by
Microsoft.
The acquisition happend on 2002-10-22.
Details of the transaction were not public
Acquirer
Geographic Data
Address:
City: Sunnyvale
State: California
Zip:
Country: United States
Financial Info
Stage:
Raised Last:
$0
Raised Total:$0
Social
Metrics
0Website Global Rank
0Website Monthly Traffic
Twitter Followers
Description
Vicinity provides technology-based solutions that enable businesses and governments to market the local availability of their products and services. Using Web, wireless and speech platforms, Vicinity offers a portfolio of application services and application programming interfaces (APIs) that allow enterprises to analyze and direct their customers to a store, branch or outlet near them that offers the specific product or service they are seeking. In October 2002, Vicinity Corporation and Microsoft Corporation entered into a definitive agreement, pursuant to which Microsoft would acquire Vicinity in a transaction valued at approximately $96 million. The transaction was structured as a cash merger, in which Vicinity shareholders would receive $3.33 in cash in exchange for each share of Vicinity common stock.
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