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  7. Google Close to Buying Waze for $1.3 Billion

Google Close to Buying Waze for $1.3 Billion

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09 Jun 2013 16:58 #140365 by chairman
The bidding war for crowdsourced navigation app Waze has reportedly been won by Google, which will pay "more than $1 billion" for the startup, according to Israeli newspaper Ha'aretz. Update: The newspaper later added that the deal will be worth $1.3 billion.

The deal hasn't been finalized yet, but according to the report, Google agreed not to lay off Waze workers at its development center in Israel, and will allow the company to continue its development in Israel "for at least three years."
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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11 Jun 2013 11:40 #140801 by chairman
BREAKING: Google announces that it has acquired Waze. bit.ly/14Tdxc6   $GOOG
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