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Microsoft Acquires Tracking App MileIQ Maker Mobile Data Labs

Microsoft Acquires Tracking App MileIQ Maker Mobile Data Labs 57394w

By Manish Singh | Updated: 6 November 2015 15:25 IST

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Microsoft has acquired Mobile Data Labs, a startup that develops mileage-tracking app MileIQ. As part of the deal, MileIQ will continue to exist on iOS and Android, but the team behind the app will the Microsoft team. Financial details of the buyout weren't disclosed. v1h5j

Android platforms with a base of over 1 million people.

The app utilises a handset's sensors to calculate mileage, a feature that is popular among business travellers. The Redmond-based company says that s can save up to $547 (roughly Rs. 36,000) in business miles using App Store.

"The team will continue to build and offer mobile productivity solutions and look to take advantage of insights from Office 365 and the Office Graph," Microsoft Microsoft, our horizon and momentum are now even bigger-and our ability to deliver excellent products, delightful experiences and personalized service is greater than ever," wrote Chuck Dietrich, CEO and co-founder at MileIQ.

It would appear that the acquisition will mean the arrival of this handy app to the Windows Store, but considering Microsoft's recent track record, the move is likely part of the company's aggressive run to increase its presence on rival platforms.

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