Google Acquires Israeli Mapping Service Waze

Waze makes a crowds-sourced traffic app that uses input from drivers. It will complement Google's mapping capability. The deal is seen by many as a defensive move by Google to keep Waze from being acquired by Apple or Facebook.

Source: http://www.npr.org/2013/06/12/190873075/google-acquires-israeli-mapping-service-waze?ft=1&f=1019

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