Apple Inc. (AAPL) Buys Transit Application HopStop

Posted Jul 19, 2013

Apple Inc. (NASDAQ:AAPL) has acquired a transit and navigation company application called
HopStop, according to Bloomberg.  HopStop is a door-to-door trans company that offers walking, biking, and tax directions in over 300 cities worldwide.  HopStop will be used to improve the Apple Maps application.  The terms of this deal was undisclosed.  Apple has also confirmed that they have acquired a location data startup company called Locationary.  

Ever since Apple released the Apple Maps application on iOS 6 last year, the company has been depending on third party transit applications to give users schedules and routers for subways and buses.  The Google Maps iOS application has transit details directly integrated into their app.

HopStop’s has an Android and iPhone application that offers offers directions, multiple route suggestions, transit maps, subway station/bus stop locations, travel time, taxi costs, etc.