SnapTrack explained

SnapTrack, Inc. was a Silicon Valley technology startup that invented and sold a GPS-based location technology for cellphones. Founded in 1995 by Steve Poizner and Norman Krasner,^[1] it grew to 65 employees before being bought by Qualcomm in 2000 for $1 billion in stock.^[2]

References

1. Moeglein . Mark . Krasner . Norman . An Introduction to SnapTrack Server-Aided GPS Technology . Institute of Navigation GPS Meeting Proceedings . 333–342 . September 1998 .
2. News: Qualcomm to Buy Snaptrack For About $1 Billion in Stock. Bank. David. 2000-01-27. Wall Street Journal. 2017-09-22. en-US. 0099-9660.