Groupon has bought Hyperpublic, an SME that develops location-based technology that can be integrated into other apps.

Hyperpublic seems a good fit for Groupon: one of its products, is API (application programming interface) called "Geo Deals & Events," which displays local deals and events depending on where a person is, such as concerts. Another of its products, Places+, allows users to search for local businesses, restaurants and points of interest.

Hyperpublic proudly declared that Groupon's acquisition is "a huge win for our team, our investors and everyone who contributed to our company over the past two years." Terms of the deal remain undisclosed.