Search
Google Buys Waze For $1B+
Mountain View-based
Google
announced this morning that it has acquired
Waze
, the Israeli startup developing navigation software. The deal is
reportedly worth $1.1 billion
. According to Google, the Waze product team will remain in Israel, and will continue to operate separately for now, but will eventually work on enhancing Google Maps.
posted on Tuesday, June 11, 2013
Related companies:
Google
Related stories:
> Google's Waze Deal Worth $1.15 Billion
> Waze Rolls Out Former Top Gear Hosts Clarkson, Hammond, May As New Voices
> Waze Gets $25M
> Waze Sparks International Incident In Jerusalem
> Waze Collects $30M For Crowdsourced Traffic Info
silicontap.com Home