Google Buys Waze
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Jump to Google subsidiary - Google bought Waze for $966 million in June 2013 to add social data to its mapping business. Waze's 100 employees.... Google bought them for the user-provided real-time traffic information. It's a competitive advantage no one else has, and with the virtuous cycle of more users.... Sources inform ''Globes'' that Google Inc. (Nasdaq: GOOG) will acquire Waze Ltd. for $1.3 billion. The acquisition of the Israeli navigation app.... With Google set to buy app-maker Waze, the question is whether Google actually needs the crowd-sourced traffic app or is simply trying to stick.... Waze a popular cross-platform, crowd-sourced traffic and navigation service has been acquired by Google, and will be integrated with its.... Uri Levine. Business Insider/Julie Bort In the weeks that preceded Google's $1.15 billion purchase of the Israeli map app Waze in 2013, there was.... Google has announced its aquisition of the popular Israeli navigation app WAZE. At an estimated $1.1-1.3 Billion, the deal is one of the top.... Google officially announced this morning that, yes, it has closed on the Waze acquisition and that Google and Waze will be outsmarting traffic...
Google purchased Waze in 2013 and developed it as a separate community-based GPS navigation app with a number of real-time, crowd-.... Google Inc. has acquired map-software provider Waze Inc., seeking to keep competitors such as Facebook Inc. and Apple Inc. from eroding its.... Google Inc. confirmed Tuesday that it has closed the deal to purchase Waze, the Israeli user-sourced traffic and navigation app, ending months.... Google buys Waze map app for $1.3bn. Google announced on Tuesday it had bought Waze, a much fought-over Israeli social mapping company for an as yet unconfirmed $1.3bn.. Why Google bought Waze for $1.3 billion.. Google announced Tuesday that it has acquired Israeli mapping service, Waze, without disclosing what had been reported as its $1.3 billion price tag.. Google disclosed Thursday how much it paid for the Israel-based company behind the mapping app Waze: a whopping sum of $966 million. This.... June 11, 2013 Google reportedly outbids fellow tech giants Apple and Facebook and buys Israel-based social-mapping service Waze for roughly $1 billion,. "The Waze acquisition coincides with a planned Google Maps makeover. Google will add data from Google+ into its maps, such as restaurant.... After a multitude of rumors and media reports about a potential acquisition of Israeli crowd-sourced mapping software company Waze in recent.... Google announced on Tuesday that it had closed its deal to buy Waze, a social mapping start-up that features real-time traffic data provided by.... Here are a few theories why Google just spent $1 billion to buy Waze.
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