Google just bought Waze for 1 billion - latest tech tips

Ad Spot

Place your Ads here!

Post Top Ad

Google just bought Waze for 1 billion

Share This
Google maps are one of the best in the business. Google had taken a further strategic step to enhance Google maps buy acquiring the popular real-time traffics maps company Waze.

Its unclear the exact amount but it's said that three amount is over a billion dollars.

Maps and navigation services have become vital for technology companies as consumers adopt smartphones and other mobile devices. Waze uses satellite signals from members' smartphones to generate maps and traffic data, which it then shares with other users, offering real-time traffic info.

Waze's product development team will remain in Israel and operate separately for now, Google said. Eventually, its service will also serve to enhance the U.S. company's Maps app, while the core Waze product itself will benefit from integrating Google-search capabilities.

Post Bottom Ad