Monday, June 3, 2013

Wavii is already in, and Waze is in the pipeline

After Wavii, Google is on the chase again – and this time after Waze.

The California based company acquired Wavii on 30th April 2013. Mergers and Acquisitions are not anything new to Google as the company gets its hands on just about everything.

This time, Google is after Waze Mobile, an Israeli software company, which is into mobile-route planning software.

The Google-Waze deal is worth about $1.03 billion. Industry sources say Google may finalize the deal any time next week.

Even Facebook was in the race, to acquire Waze. Let us wait and see.

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