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June 11, 2013 01:45 pm PDT

Google buysWaze

Google announces they have acquired the Israeli startup Waze, which produces a social-driven drive-route-mapping technology that has transformed the way I get from point A to B here in Los Angeles. Rumors are Google paid $1.3 billion. Barry Schwartz at Search Engine Land:
The big questions are (1) will this acquisition be allowed and if so (2) will Google allow Waze to be an independent product and brand?



Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/X2BOe4agoVg/story01.htm

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