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+--- Thread: Google Close to Buying Waze for $1.3 Billion (/thread-11294.html)
Google Close to Buying Waze for $1.3 Billion - chairman - 06-09-2013
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."
Re: Google Close to Buying Waze for $1.3 Billion - chairman - 06-11-2013
BREAKING: Google announces that it has acquired Waze. http://bit.ly/14Tdxc6 $GOOG