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Update - Google finalizing $1.3 billion deal for Waze
2013-06-10 20:34:30| Location-Based Services (LBS) Zone
Google reportedly close to buying Waze for $1 billion
2013-06-10 13:43:15| InfoWorld: Top News
Google is close to a deal to acquire Waze, maker of the eponymous crowdsourced mapping app, for at least $1 billion, according to the Wall Street Journal and others.The potential deal was first reported by Israeli business site Globes which said it would be worth $1.3 billion, citing sources.
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Google to buy Waze for around USD 1.1 billion - report
2013-06-10 08:57:00| Telecompaper Headlines
(Telecompaper) Google has agreed to acquire map software maker Waze for around USD 1.1 billion, a person with knowledge of the deal told Bloomberg. Waze's mobile app uses input from over 40 million users to improve directions and display details of traffic conditions and road hazards. This social feature would allow Google to keep its mobile navigation system lead over competitors like Apple and Facebook. Waze generates revenue through location-based advertising. Its app supports iOS and Android. Neither company would comment on the matter. Israeli newspaper Globes first reported the deal, pricing it at USD 1.3 billion.
Google near to buying traffic app Waze
2013-06-10 02:00:00| Total Telecom industry news
Reports claim Internet giant has fought off Apple, Facebook in the race for Israeli navigation specialist.
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Google reportedly close to $1.3B acquisition of map app Waze
2013-06-09 17:55:55| CNET News.com
The Web giant "will soon" close a deal for the mobile mapping and navigation startup, according to a report in the company's home country of Israel. [Read more]
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