Google appears to have supplanted Facebook — which had supplanted Apple — as the likely candidate to acquire Israeli start-up Waze. Google is reportedly prepared to pony up $1.3 billion for the company. Last month, reports surfaced that Facebook was working on a $1 billion deal for Waze. And that was only after Apple, in late 2012, offered $500 million for the company. At the time of Apple’s offer, it was believed Waze was seeking $750 million, so it looks like it was a prudent decision to hold out.
Loading ...
Google Now First in Line to Acquire Waze
Posted by: David Vranicar June 10, 2013 01:15 PMGoogle appears to have supplanted Facebook — which had supplanted Apple — as the likely candidate to acquire Israeli start-up Waze. Google is reportedly prepared to pony up $1.3 billion for the company. Last month, reports surfaced that Facebook was working on a $1 billion deal for Waze. And that was only after Apple, in late 2012, offered $500 million for the company. At the time of Apple’s offer, it was believed Waze was seeking $750 million, so it looks like it was a prudent decision to hold out.