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June 11, 2013 07:37 pm GMT
After months of speculation, the fate of Waze, the social-mapping-location-data startup, is finally decided: Google is buying the company, giving the search giant a social boost to its already-strong mapping and mobile businesses. Speculation has had the sale at $1 billion to $1.3 billion, and so far there is no price on the deal, but a source tells TechCrunch that it was done for $1.1 billion.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/bV6Z-CLi5WM/
Google Bought Waze For $1.1B, Giving A Social Data Boost To Its Mapping Business
After months of speculation, the fate of Waze, the social-mapping-location-data startup, is finally decided: Google is buying the company, giving the search giant a social boost to its already-strong mapping and mobile businesses. Speculation has had the sale at $1 billion to $1.3 billion, and so far there is no price on the deal, but a source tells TechCrunch that it was done for $1.1 billion. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/bV6Z-CLi5WM/
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