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Google Buys Waze

Google Buys Waze

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Google Inc. confirmed Tuesday that it has closed the deal to purchase Waze, the Israeli user-sourced traffic and navigation app, ending months.... Here are a few theories why Google just spent $1 billion to buy Waze.. 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.... 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 purchased Waze in 2013 and developed it as a separate community-based GPS navigation app with a number of real-time, crowd-.... 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.... Why Google bought Waze for $1.3 billion.. 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 announced Tuesday that it has acquired Israeli mapping service, Waze, without disclosing what had been reported as its $1.3 billion price tag.. 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.. "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 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.... Waze a popular cross-platform, crowd-sourced traffic and navigation service has been acquired by Google, and will be integrated with its.... Google Inc. has acquired map-software provider Waze Inc., seeking to keep competitors such as Facebook Inc. and Apple Inc. from eroding its.... June 11, 2013 Google reportedly outbids fellow tech giants Apple and Facebook and buys Israel-based social-mapping service Waze for roughly $1 billion,. Sources inform ''Globes'' that Google Inc. (Nasdaq: GOOG) will acquire Waze Ltd. for $1.3 billion. The acquisition of the Israeli navigation app.... 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 disclosed Thursday how much it paid for the Israel-based company behind the mapping app Waze: a whopping sum of $966 million. This...


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