Google finalyzing $1.3 billion deal to acquire Waze, for real this time

By David Tom
Jun 10, 2013
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  1. Following weeks of speculation, it would appear that Google has plans to purchase Waze after all, a service that makes use of information from people’s smartphones to develop real-time traffic data. The search giant will reportedly acquire the Israeli-based company...

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  2. JC713

    JC713 TS Evangelist Posts: 7,241   +960

    A bit too much. But it is better than Facebook purchasing it. There is basically no competition for Google maps now.
  3. Way too much .. BAD MOVE
  4. Skidmarksdeluxe

    Skidmarksdeluxe TS Evangelist Posts: 5,106   +1,345

    This looks like a good move on Google's part.
  5. I just wonder when there's gonna be only few tech companies competing... 2020 ? This will end up bad for everybody.
  6. lipe123

    lipe123 TS Guru Posts: 563   +122

    Uhm you do realize that companies like navngo, tomtom, garmin etc has domintaed the gps market for MANY years and still own a enormous chunk. None of that stopped waze from taking a big bite from literally nowhere.
    Nothing is stopping the little guys from taking over if they compete with quality that's better than than the nonsense the lazy big players come up with.

    Google maps is already bigger than any other map program out there so this acquisition doesn't really make any difference.
  7. JC713

    JC713 TS Evangelist Posts: 7,241   +960

    Better than FB. Too bad they overpaid.

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