Microsoft swoop hands Multimap founder $25m  —  The deal, understood to be worth about $50 million, expands Microsoft’s fast-growing footprint in web and mobile advertising  —  Microsoft has agreed to buy Multimap, the privately-owned British company that is snapping at the heels of Google’s dominance in online mapping services.

Source:   Times of London

Link:   http://business.timesonline.co.uk/tol/business…