Mapillary was acquired by Facebook.
Mapillary, a Malmö, Sweden-based company providing digital mapping services for self-driving vehicles, announced entering into an agreement for being acquired by Facebook.
Financial details of the transaction were not disclosed. The product will be integrated within Facebook's open mapping efforts, which power their marketplace feature.
Mapillary, founded in 2013 by CEO Jan Erik Solem, started as a service for crowdsourced photos in order to create an open and more intelligent version of Google’s Street View. The company is based in Malmö, Sweden and also has an R&D facility in Graz, Austria.