Tag: waze

The app-based cab aggregation industry is growing really fast, becoming highly competitive, with many challenges for the players. Despite, the market has been attracting new players at regular intervals, and the new entrant is Google. Amidst the competition and challenges, Google is all set to launch its ride-sharing service through the Waze app. Waze, which Google acquired in 2013...

After many rumors and media hype about a potential acquisition of Israeli crowd-sourced mapping software company Waze in recent months, and finally search engine giant Google Inc (GOOG) announced its deal with Waze for an estimated price of $1.3 billion.Vice-President of Google Geo-products, Brian McClendon said that Waze product development team will remain in Israel and operate separately for now....

After Facebook Inc. (FB), Google Inc. (GOOG) is also considering buying map software provider Waze Inc founded in 2007. Waze is showing interest towards multiple parties and is seeking more than $1 billion but both Google and Facebook have set the bidding standards of $1 billion. Waze International Usage: Waze uses satellite signals from members Smartphones to generate maps and traffic...

On 9 May 2013, Thursday, Facebook Inc (FB) is in advance talk to buy another billion dollar acquisition called Waze- a social mapping and traffic app for up to $1Billion and thereby trying to ramp up its mobile Platform. Waze is an Israeli company founded in 2009. Waze’s Research & development is in Israel, while its U.S. offices and...