Waze must be doing something right. Earlier this year, the popular crowdsourced GPS application was reportedly being courted by Apple for a possible buyout. And today comes a rumor that Facebook is also interested in an acquisition.
How interested? Well according to a new report this morning, the deal could be worth in upwards of $1 Billion. Apparently, the two companies have been in negotiations for the last six months, and are now in advanced due diligence… Read More
Waze, a free social GPS application developed by the Israeli start-up Waze Mobile, at point was supposedly going to be acquired by Apple in order to improve iOS 6 Maps data, though later reports dismissed the rumor as wishful thinking.
Its CEO Noam Bardin was interviewed at AllThingsD’s Dive Into Mobile conference yesterday.
Among the topics discussed, Barding shared his observations concerning Apple’s Maps service which debuted as part of iOS 6 in September 2012, here’s what he said… Read More
Yesterday, news broke that Apple was looking into buying Israeli start-up Waze Mobile, creators of the popular GPS app. Obviously, with all of the trouble Apple’s had with its own mapping software, and the fact that the two companies are partners, the deal made sense.
But according to a new report today from the well-connected MG Siegler, there is no deal. The TechCrunch columnist wrote this morning that though there have likely been several meetings between Apple and Waze due to their partnership, there’s nothing more going on… Read More
When it comes to apps, nothing strikes a nerve more than mapping. We saw this when Apple Maps literally and figuratively drove off a cliff, only later to be saved by Google Maps. Needless to say, having Apple’s fat pulled out of the fire by its chief rival didn’t make execs in Cupertino too happy.
That’s the backstory behind the latest mapping rumor afloat: the potential acquisition by Apple of social navigation app Waze. According to reports, Apple is in fact considering purchasing Waze.
Their iPhone app crowdsources the positions of moving cars to turn the mundane task of finding locations into a social game. Waze, already a partner with Apple Maps, has likely gained the iPhone maker’s attention when iOS 6 Maps was going down in flames… Read More
