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Intel to acquire navigation software maker

Intel is set to buy location-based services company Telmap in a bid to boost its mobile and software efforts, Reuters has reported. Peter Riddle, general manager of Intel's AppUp developer programme, said in a blog post that the deal was a step toward expanding Intel's capabilities in mobile software services. "Telmap delivers great multiplatform consumer experiences every day, and we're looking forward to combining that focus and excellence with Intel's to significantly grow their business," he wrote.