Estonia's Nutiteq Snapped Up By CartoDB

    New York-based CartoDB, a location intelligence, data analysis and visualization company, said on Wednesday it has acquired Tartu-headquartered Nutiteq, a mobile mapping software development company with more than 15 million installations of their SDK, and a roster of clients that includes SeatGeek, LonelyPlanet, iRobot and Accenture, among others.

    The value of the deal was not disclosed.

    “We believe there is a big opportunity to rethink how we interact with location data on mobile devices. Most geospatial innovation has been pushed to the consumer space. Now enterprises will be able to make use of location intelligence on mobile devices with CartoDB,” Javier de la Torre, CEO of CartoDB, said in a statement.

    Jaak Laineste, head of Nutiteq, will lead CartoDB’s mobile division, and Nutiteq’s current SDK offering, including on-device analytics and vector rendering, will be augmented with CartoDB’s cloud location analytics and self-service products.

    “We’re thrilled for the potential to unlock massive value for location intelligence in virtually every industry,” said Jaak Laineste, CEO of Nutiteq. “It’s no surprise that people are moving from laptops to smartphones, and it’s safe to say that enterprises will be quick to follow.”