We won't how know how well it works until the fall. But Google -- the leader in online maps -- isn't waiting around.
Google's purchase of Waze -- a deal that Google confirms Tuesday but won't elaborate on -- will, if nothing else, keep a rival from snapping up the hot Israeli startup.
Yes, folks. Google has just bought Waze, a social mapping and navigation platform and app that could have some big implications for Android users down the road.
Waze has been a hot-ticket item that Facebook had also considered snapping up, and with good reason, too. The platform has evolved from its early days to offer robust real-time driving alerts with a social side, and its popularity has spiked.
While pieces of Waze folded into Google Maps will benefit all users across Google's sprawl of properties and products, Waze can bring a special level of utility to mobilized commuters on … Read more
The deal, for which terms weren't disclosed, follows months of speculation about who would land the startup. Reports later in the day pegged the price at a little more than $1 billion. In recent days, Google was said to be close to a $1.3 billion deal and that Facebook talks had fallen apart.
The acquisition could help Google improve its own mapping services and put a bigger moat around them … Read more
After months of speculation on who would snap up Waze, Google is reportedly close to acquiring the mobile mapping and navigation company.
The search giant will soon close a $1.3 billion deal for the Israeli startup, according to a report Sunday by the Globes business newspaper in Waze's home country. The acquisition could help the Web giant improve its own mapping services, as well as help prevent encroachment by Facebook, which was reportedly courting Waze last month.
A Google spokesperson declined to comment on the report. CNET has also contacted Waze for comment and will update this report … Read more
Waze has updated its iPhone and Android applications to provide people with a single-tap, no-address-input way to route themselves to the events that they've RSVP'd in the affirmative to on Facebook.
The release, which highlights exactly how the social network can add real-life value to maps, tailgates the news that the companies have reportedly walked away from acquisition talks.
Five-year-old Waze makes a people-powered navigation application and is used by 49 million people in 193 countries. The startup, which likens its service to a search engine for smartphone owners, specializes in routing drivers around traffic and hazards, and … Read more
Mobile app maker Waze apparently won't be joining the ranks of Facebook.
After months of chatting about a potential acquisition of Waze by Facebook, the two companies have put an end to the discussion, according to AllThingsD. Facebook had reportedly been ready to spend as much as $1 billion to pick up the navigation app maker. But the two apparently couldn't reach an agreement.
Sources told AllThingsD that talks fell apart recently due in part to disagreements over whether the Israel-based Waze team would move to the U.S. and integrate itself into Facebook's California headquarters. Other … Read more
Google may be driving forward with a plan to purchase Waze for $1 billion or more, according to a new report.
Bloomberg reported Thursday that Google is considering a bid for the mobile mapping and navigation company. The search giant perked up to the idea only after learning that Facebook was in talks to buy Waze, Bloomberg reported.
When reached for comment, Waze spokesperson Julie Mossler said that the startup does not comment on rumors or speculation.
Waze, founded in 2007, makes a mobile application for getting directions and routing around traffic with the help of other drivers. The app … Read more
Rumors that Facebook is in late-stage talks to buy Waze for as much as $1 billion have many wondering if the social network's next great ambition is to tackle the maps and navigation market. Maybe -- but only because maps would be Facebook's best way to route around Google and make money from mobile search.
Founded in 2007, Waze makes a navigation application for iPhone and Android used by roughly 45 million people. The app's mapping service is powered by the people who use it. Waze ingests all types of location data as shared, either implicitly or … Read more