Wednesday, May 29, 2013

Google interested in acquiring Waze, could launch bidding war with Facebook

Google interested in acquiring Waze, could launch bidding war with Facebook

With word surfacing that Facebook is in talks to acquire Waze, the social map and navigation outfit, for around $1 billion, sources now say Google has tossed their hat in the ring. No stranger to acquiring startups, the move is not surprising. The addition of Waze to Google's portfolio would also keep the company out of the hands of competitors. There is no guarantee that any company will walk away with Waze under their wing, however. While the most serious talks have taken place with Facebook, Google and other parties have expressed interest.

Android Phone , Google interested in acquiring Waze, could launch bidding war with Facebook

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, Google interested in acquiring Waze, could launch bidding war with Facebook

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