mCube, a provider of MEMS motion sensors, announced this week the formation of a wholly-owned subsidiary, Ten Degrees, representing the first step towards the creation of an independent entity focused on indoor navigation. Ten Degrees claims that it has developed a core navigation engine that takes advantage of positioning information derived from the inertial sensors available in virtually all current smartphones, combined with Wi-Fi and Bluetooth signals, and indoor map information to synthesize an accurate indoor location. The company was officially established in April 2014 and is led by CEO Ramesh Raman.
