Yandex

Russian Search Giant Buys Israeli Start-Up

The Russian search giant Yandex has bought out Israel’s KitLocate start-up, a maker of low-power mobile geolocation technology, for “several million Euros,” TechCrunch reported Tuesday. KitLocate features low battery consumption by using proprietary algorithms that allow location-based apps to request the device’s geographic coordinates less frequently without losing too much precision. Yandex will use KitlLocate’s […]