Facebook to take over Swedish mapping start-up

In a big step, Facebook has decided to take over the Swedish street mapping start-up Mapillary. Through this step, Facebook will get a chance to venture into the street mapping games.

Mashable reported on Thursday, that the company in a blog post announced that Facebook has taken it over. Facebook has acquired all the rights of Mapillary and can officially enter into the street maps.

Jan Erik Solem, the CEO of Mapillary did not give any financial details to but made sure that the changes for the Mapillary users, at least for a little time-span, would not be to a great extent.

For the people unknown about Mapillary, its work is to upload images for the normal public to know the streets and its maps. The functions of the Mapillary are almost similar to the Google Maps, except that, user can upload their own photos on it instead of waiting for a Google van with a camera on top to drive around.

Mapillary in its blog post said that the data will be open and free for commercial as well as non-commercial purposes, but people are still left in confusion as to what will Facebook do with the Mapillary platform.