Home PageFacebookRSS News Feed
PocketGPS
Web
Read the current newsletter! Weekly
Newsletter
SatNav,GPS,Navigation
MacFixer, the iPhone, iPod, and iPad specialists
News: Official - Google has bought Waze

pocketgpsworld.com
After much speculation Google have today announced the completion of a deal which will see them acquire Israeli mapping and navigation outfit Waze.

The figures involved have not been disclosed but, if rumours are to be believed, the sale price may have been as high as $1bn.

Posting on Google's blog they wrote, "To help you outsmart traffic, today we’re excited to announce we’ve closed the acquisition of Waze. This fast-growing community of traffic-obsessed drivers is working together to find the best routes from home to work, every day."

Waze's development teams will remain in Israel. That issue was one of the sticking points that prevented an earlier deal with Facebook.

"We are excited about the prospect of working with the Google Maps team to enhance our search capabilities and to join them in their ongoing efforts to build the best map of the world." said Waze CEO, Noam Bardim.

Source: googleblog.blogspot.com

Click here to read more...

Click here to discuss...

email icon


Posted on Tuesday, June 11 @ 13:27:46 UTC by Darren Griffin

 
Related Links

· More about
· News by Darren Griffin


Most read story about :
TomTom Announce Navigator for Smartphone, Symbian and Sony P900


Article Rating

Average Score: 0
Votes: 0

Please take a second and vote for this article:

Excellent
Very Good
Good
Regular
Bad


Options


 Printer Friendly Printer Friendly

 Send to a Friend Send to a Friend


Sorry, Comments are not available for this article.
Make a Donation



CamerAlert Database

Click here for the PocketGPSWorld.com Speed Camera Database

Download Speed Camera Database
20.101 (05 Oct 22)



WORLDWIDE SPEED CAMERA SPOTTERS WANTED!

Click here to submit camera positions to the PocketGPSWorld.com Speed Camera Database


12mth Subscriber memberships awarded every week for verified new camera reports!

Submit Speed Camera Locations Now


CamerAlert Apps



iOS QR Code






Android QR Code







© Terms & Privacy


GPS Shopping