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Google May Have Won the Waze War

Atlantic Wire

Popular mapping-app Waze has been a hot commodity in the tech world recently, fetching offers from Facebook and Apple along the $1 billion range. But it appears Google won the bidding war, for a cool $1.3 billion, according to a report from Israeli media.

RELATED: Finding Your Way in a Non-Google Maps World

Israel's Globes reports Google will keep the Israeli-based traffic and map start-up that boasts over 40 million users based out of Israel once the acquisition deal is finalized. Waze had received offers from Apple and Facebook but weren't married to either idea. Google offered slightly more money than Facebook and, according to Globes, Facebook wanted to move the Waze headquarters to the U.S. This was a deal breaker. Apple apparently wanted to use Waze as its Maps app replacement after last year's fiasco, but Waze wasn't interested in that, either.

RELATED: Why Waze Is Worth More Than $1 Billion

So Waze is now in that elite billion dollar tech club with Tumblr and Instagram. (Where was Yahoo! during this billion dollar bidding? Isn't that their thing?) As our Rebecca Greenfield explained, Waze was commanding such a high price tag because of its dedicated following, data collection practices, and the crazy popularity of map apps. Waze is One-Direction popular with the American tech set, and is the go-to map app in Israel, so now Google will likely add its tech strength to make sure it reaches the top of the (app) charts here, too.
 
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."
 
Google is cute, thanks to Larry, Sergey and of course, Eric!

But, there's a side to them that anally are raping the world, use sand as lubricant, and punch you in the face if you resist!
 
Can't tell what point The 1 fanboi is trying to make with this. Waze has a useful product and is for sale. Is 1 just upset that google might buy it instead of his heroes?
 
basketcase said:
Can't tell what point The 1 fanboi is trying to make with this. Waze has a useful product and is for sale. Is 1 just upset that google might buy it instead of his heroes?
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learn to READ and LISTEN before opening your big mouth lol
 
Dick Head said:
learn to READ and LISTEN before opening your big mouth lol
Click to expand...

Maybe I'm dumb or maybe I don't see the world through apple coloured glasses but could you explain what the issue is with Google seemingly winning the bidding war for Waze?
 
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