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Google Inc Seals Waze Acquisition-Reuters

Tuesday, 11 Jun 2013 11:54am EDT 

Reuters reported that Google Inc bought Israeli mapping startup Waze on June 11, 2013 for an undisclosed sum, acquiring an online real-time mapping service. A source close to the matter told Reuters on June 10, 2013 that the Internet search leader was putting the finishing touches on a deal to take over the Company for $1.3 billion. Google said in a June 11, 2913 blog post that it had closed the deal and now planned on using Waze's service, but did not say how much it paid. 

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