Report: Google plans to acquire mapping service Waze




Report: Google plans to acquire mapping service Waze

The value of the deal, according to report $ 1.3 billion

Google Inc. plans to acquire the company “Louise” Waze developer to the Maps application which carries the same name, which is considered one of the most popular applications for mobile phones maps where used by more than 50 million users around the world. According to the report published by the newspaper site “Jlobaz” the transaction value of approximately U.S. $ 1.3 billion.

It is worth mentioning that Google is not the first companies interested in acquiring “Louise”, where the talks failed earlier carried out by Facebook with the company to acquire them, as I mentioned some of the reports that Apple has made as well as the interest in annexing the company to its services, which was denied, “Tim Cook” main executive for Apple recently.

Launched the application “Louise” in 2007, which provides for users of smart phones and computers tablet information about trends and how to change the paths to avoid congestion and accidents, and focuses the application mainly on the information obtained in real time from users who contribute to the enrichment of the service information roads in fee maps, and is one of the most downloaded maps applications via my store Google Play and Apple Store.
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