Never contented to be just the go - to hunting railway locomotive , Google ’s been barking up some interesting tree lately . Now , Google has gobble up ICOA for $ 400 million , and the thousands of Wi - Fi hotspots that arrive with it .
Hotspot provider ICOA is no minuscule fry ; it owns Wi - Fi connection across 40 State and is partnered with names like iPass , Boingo Wireless and BroadSky Networks . ICOA specify in high-pitched - traffic areas like drome and restaurants , so this acquisition is give-up the ghost to give Google a passably all-encompassing connection of Wi - Fi hot spot without any of the trouble of building one .
So why drop a cool $ 400 ml on Wi - Fi raging - spots ? There could be any routine of mystic Googly - reasons , but it ’s probably for datum . Much likeGoogle ’s new ARGis a majuscule way to collect footpath datum from roving gamers , having access to mobile hotspot will give Google entree to the variety of data it needs to help develop and sell mobile ads . And if it turns out that Google really isbuddying up with Dish for a likely wireless avail , it could have even more data coming its way . Google ’s certainly building up a slight war chest of connection here , and it ’s most by all odds snuff it to be using it to make some money off you , but it ’s not like you ’ll notice the divergence . [ Commonwealth of Puerto Rico WebviaZDNet ]
https://gizmodo.com/would-you-play-this-weird-alternate-reality-game-by-goo-5961060
Update : Looks like someone may have been a little straightaway to the draw on this one . AllThingsD is sayingGoogle sources are deny claims of an acquisition . We ’ve make out to Google Puerto Rico for remark .
Update 2 : Our sources have confirmed that Google has not acquired ICOA for any amount of money . At least not yet .
Update 3 : ICOA is now on record career call of acquisition false as well . CEO George Strouthopoulos told the Wall Street Journalthat ICOA “ never had any discourse with any possible acquirer , ” and is going to cover the mistaken release to the right authorities .
Update 3 : PRWeb has weighed in awith a statement of its own :
PRWeb transmitted a press departure for ICOA that we have since learned was fraudulent . The outlet was not issued or pass by ICOA . Vocus reviews all pressure discharge and follow an internal appendage design to maintain the integrity of the releases we mail out every sidereal day . Even with reasonable safeguard individuality theft occur , on occasion , across all of the major wire services . We have removed the deceitful release and turned the matter over to the right authorities for further probe .
Image bydencg / Shutterstock
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