
Google completed its acquisition of Waze last June, but only now has the price tag that it paid for the_Israel-headquartered social mapping startup_and a hint at why the company sold out been revealed. A blog post on LinkedIn from Noam Bardin, who is CEO and co-founder of Waze, confirms that Google agreed to a $1.15 billion deal to buy the company. That’s notable since it is the first time that a member of either company has confirmed a figure — media estimates had varied from $1.1 billion to $1.3 billion — although it isn’t clear how that broke down over...
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