Posts Tagged ‘ Waze ’

Apple Inc. (AAPL), Facebook Inc (FB) And The Bid For Waze

May 9, 2013

Facebook Inc (NASDAQ:FB) reportedly has plans to purchase Waze, a popular Israeli crowdsource and traffic navigation application. The social media giant is also rumored to bid $1 billion for the company. This report also has some people wondering if Apple Inc. (NASDAQ:AAPL) will join in and possibly outbid Facebook for this particular company. Forbes’ Peter Cohan interviewed Waze’s chief executive officer Noam Bardin a few years ago and discovered something interesting. Waze originally started as one...
Read More »

Facebook Inc (FB) In Talks To Buy Israeli Social Mapping App Waze

By Aman Jain

May 9, 2013

Facebook Inc (NASDAQ:FB) is reportedly in talks with Waze, an Israeli mobile satellite navigation start-up, to acquire it for the price of $800 million to $1 billion, according to business newspaper Calcalist. The talks are in closing stages and both companies have signed a term sheet, according to Calcalist. The bid is being weighed. Waze has expanded its user base in the last year to 45 million. In the month of March, a total...
Read More »

Apple Inc. (AAPL) Negotiates To Buy Waze [REPORT]

By Michelle Jones

January 3, 2013

Apple Inc. (NASDAQ:AAPL) is reportedly making a move to purchase the app maker Waze, according to TechCrunch. The publication cites anonymous sources who say Waze wants $750 million, but thus far Apple Inc. (NASDAQ:AAPL) is only willing to pay $500 million—with $400 million of that in cash plus $100 million in earn-outs, which would be based on performance. More than 30 million people use Waze to share real-time information about traffic as they drive....
Read More »