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Provider: Thomson Reuters Stock Report
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Provider: New Constructs, LLC
Provider: MacroRisk Analytics/EconomicInvestor

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Google Inc, Facebook, In Talks To Buy Waze Inc For $1 Billion-Reuters

Thursday, 23 May 2013 09:44pm EDT 

Reuters reported that Google Inc is considering buying Israeli mobile satellite navigation start-up Waze Inc, which may lead to a bidding war with Facebook Inc, Bloomberg news reported. Waze is seeking more than $1 billion and is fielding expressions of interest from multiple parties. Maps and navigation services have become a key asset for technology companies as consumers increasingly adopt smartphones and other mobile devices. Other media have reported that Facebook Inc has held talks to buy Waze for as much as $1 billion. 

Company Quote

18 Dec 2014