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  1. #1
    Veteran Member Ammeo's Avatar

    Google Acquires Waze !!!

    Just for those who dont yet know of this acquisition. Prior to google, yahoo and apple were in contention of acquiring this tool.

    Waze is a mapping tool bt unlike other mapping tools its users can interact with each other in a locality and shares statuses like (Street G-3 Busy or road blocked on blah blah Avenue etc).
    This acquisition could make google a king in the mapping industry with interacting maps all across the globe.
    The acquisition fee was i think around 1.3 Billion Dollars.

  2. #2
    Specialist Member runneroption's Avatar
    Quote Originally Posted by Ammeo View Post
    Just for those who dont yet know of this acquisition. Prior to google, yahoo and apple were in contention of acquiring this tool.

    Waze is a mapping tool bt unlike other mapping tools its users can interact with each other in a locality and shares statuses like (Street G-3 Busy or road blocked on blah blah Avenue etc).
    This acquisition could make google a king in the mapping industry with interacting maps all across the globe.
    The acquisition fee was i think around 1.3 Billion Dollars.
    That’s very interesting news which proves that Google is in very strong position to acquire new companies to his portfolio. Google is seating on a big bag of cash and this give them big advantage in the competition with the other companies like Facebook or Yahoo.

  3. #3
    Veteran Member hchandra's Avatar
    Facebook almost acquire Waze, but the company want to keep their 110 workers working at Israel which Facebook don't want,
    google had office at Tel Aviv and that is what make the deal closed.
    I think the market will still dominated by google and "never let other competitor into the market seems best working",
    Waze has possibility to develop into ads business, in line with google main business which can give google strong source of revenue.

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