Google to buy Waze for $1.3b

Google to buy Waze for $1.3b

Reports about a possible sale of Waze are not new. Last year there were reports Apple wanted to buy Waze and in late August 2012, it was reported that Facebook was in talks to acquire the company. According to some reports, Facebook representatives arrived in Israel to meet Waze executives, but no deal was reached in the negotiations, apparently because of the price tag.
Another reason was that Waze insisted that its Israeli employees should continue working in Israel, which Facebook did not accept. Google has already made two acquisitions in Israel, and it has an office here, in contrast to Facebook, which closed most of the companies it acquired, including Israeli start-ups. Both previous Israeli acquisitions by Google were modest. Google acquired personalized Website gadget developer Labpixies for $25 million and interactive video-clip developer Quiksee for $10 million. Both acquisitions were in 2010.
In the past few months, there have been numerous reports that Apple Inc. (Nasdaq: AAPL) was interested in acquiring Waze. However, in an interview with "AllThingsD" at the D11 conference in late May, Apple CEO Tim Cook said that Apple had not bid for Waze. He also stressed that use of Apple's map app was important, which was why the company was investing heavily in the product. “We screwed up," he admitted. "It’s greatly improved, but not there yet. We have more to do."
Waze was founded in 2009 and in October 2012, it announced a $30 million financing round from Horizons Ventures, Kleiner Perkins Caufield & Byers, and iFund. The company has raised $67 million to date from Magma Venture Partners, Vertex Venture Capital, Qualcomm Ventures, BlueRun Ventures, Microsoft Corporation (Nasdaq: MSFT), and the investors in its 2012 financing round.

    Category List

    • 3D Animation Video
    • 3D presentation
    • 3G
    • 3G Data Cards
    • 5 Essential Diet Tips
    • A Way to Earn $100 A Day..Capitalize on FaceBook
    • Accessories
    • Adsense
    • Amazon
    • Android
    • Apple
    • Approval
    • Article
    • basic I.T
    • best ways of burning fat
    • Bike
    • biomedical
    • Biomedical Engineering
    • BlackBerry
    • Blogs
    • Bodybuilder
    • Bodybuilder Diet
    • Bodybuilder's Diet
    • Books
    • brain
    • Brain Cancer
    • brain structure
    • Brain Tumor
    • Brain wired for learning
    • Breakfast Diet
    • Bucknell Engineering Week
    • Bucknell Engineering Week-2013
    • Burning Fat
    • Camera
    • Cancer
    • caner treatment
    • Cars
    • central nervous system
    • common diseases
    • Computer
    • Cricket News
    • CSK News
    • Dengue Virus
    • Dengue Virus Infection
    • Devices
    • Diabetes
    • Diabetes overview
    • Diabetes patients
    • Diet
    • Diet for Bodybuilder
    • DNA
    • DNA Replication
    • Energy
    • Essential Diet Tips
    • facebook
    • Facebook Timeline
    • Filter Blood
    • four fundamntal human tissue
    • Games
    • gift cards
    • ginger
    • Google
    • hacking
    • Health benifit
    • Healthy Breakfast
    • Healthy Breakfast Routine
    • Heart
    • Heart Failure
    • Heart Failure Video
    • Hiv
    • HIV replication
    • Host web site server
    • How to create a Google AdSense account
    • How to Earn Money on YouTube
    • How To Earn Money Online From PTC Sites ?
    • How to Get Visitors (Traffic) to Your Blog from Go...
    • How to Insert Heading Tags to Blogger Blog Posts
    • How To Make Money From Facebook?
    • How to Make Money From Google : Proven Strategy
    • How To Make Money Online on YouTube
    • How To Make Money Online With Google AdSense?
    • How to Use Post Title As Title Tag in Blogger Blog
    • human body
    • Human nervous system
    • human tissue
    • If you already have a Google AdSense account
    • iMotion
    • Indian News
    • Information
    • INTERNET
    • iPad
    • IPL News
    • Jobs
    • Kidney
    • Laptop
    • Laptops
    • LG
    • LG Nexus
    • Make money
    • Make Money Online in India : An Adsense Gameplan
    • Make Money Online in India The Hard Way
    • Make Money Online Strategy in 2013 & Beyond
    • Make more money with Google Adsense – Simple trick...
    • Making Money Online From Home Possible?
    • medical debate
    • medical science
    • Medical video
    • medicalvideo
    • medicinevideo
    • Memory Card
    • Micromax
    • Microsoft Office Access 2007
    • Microsoft Office Excel 2007
    • Microsoft Office InfoPath 2007
    • Microsoft Office Outlook 2007
    • Microsoft Office Power Point 2007
    • Microsoft Office Word 2007
    • Mobile
    • Model Diet
    • Model's Diet
    • Model's Essential Diet Tips
    • Modern Medicine
    • Muscle building Secrets
    • Nephron
    • nerve
    • nervous system
    • Nexus
    • Online Data Entry jobs in India & The Hard Reality
    • Player Diet
    • Player's Diet
    • Ptc
    • Reabsorb water
    • Reviews
    • Samsung's
    • Secret Nutrition Tips for Player
    • Security
    • Self-test
    • SEO Tips For Blogger Blogspot Blogs
    • Smartphones
    • Software
    • Solar Energy
    • Sports Nutration
    • Super Food
    • Symptoms of Brain Tumor
    • Tablet
    • Tablets
    • Technology
    • thyroid
    • thyroid diseases
    • Thyroid Test
    • Tips And Trick
    • Tools
    • Traditional Medicine
    • Traditional vs Modern Medicine
    • treatment
    • Tutorials
    • USB
    • Vehicle
    • vlc
    • Ways of cancer treatment
    • Web Development
    • webdesign
    • What is cancer
    • What it Takes to Earn Money Online in India
    • Wi-Fi
    • Wi-Fi Devices
    • Wi-Fi Printer
    • windows
    • windows 98
    • Windows Phone
    • Windows Vista
    • windows XP
    • ZTE

Bloggerized by FiyaGalito & | Powered By Movizac.com