Waze CEO confirms Google paid $1.15B for the company, hints that investors forced the deal
Apr06
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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