Intel has revealed that it has signed an agreement to acquire navigation and location-based services company Telmap.

Telmap will now become a wholly-owned subsidiary of Intel and enable Intel to deliver AppUp developers with differentiated location capabilities, in the form of a standard set of location-based APIs and software that developers can integrate into their AppUp apps.

For consumers, Telmap will assist Intel in reaching its goal to have integrated, uniform experiences across consumer devices such as notebooks, netbooks, tablets and smartphones. The Israeli-based company specialises in end-to-end mobile local search, mapping and navigation services.

Intel stated that together with Telmap, it can directly provide developers with location-based services spanning devices, operating systems as well as CPU architectures.

Although the financial terms of the deal were not disclosed, Israeli media reported that Intel was paying between $300 and $350 million (around R2.365-R2.759 billion). According to the publication Telmap chief executive, Oren Nissim, stated that this deal will result in a “true alternative” to offerings from the likes of Google and Nokia.

In related news Intel revealed that it has joined the Linux Foundation and LiMo Foundation, in support of Tizen, a new Linux-based open-source software platform for multiple device categories. The chip giant and Google also recently announced that that they will enable and optimise future versions of Android for Intel’s family of low power Atom processors.