Saturday, July 6, 2013
WAZE
Waze is a -based navigational which uses , as well as user-submitted travel times and route details. It was developed by the start-up Waze Mobile which is now owned by .
Waze won the Best Overall Mobile App award at the 2013 , beating , and others. On June 11, 2013 completed the acquisition of Waze for a reported $1.03 billion. As part of the deal signed, each of Waze’s 100 employees will receive about $1.2 million, which represents the largest payout to employees in the history of Israeli high tech
In June 2013, Google Bought Waze For $1.1B, giving a social data boost to its mapping business
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