Wednesday, June 12, 2013

Google and Facebook scramble Acquisitions Israel

Waze, the company contested the navigation for smart phones Google and Facebook.

Two technology giants, Google and Facebook, mobile companies competing to acquire satellite from Israel, Waze Inc.. Both are even bidding wars and spend up to U.S. $ 1 billion (Rp 9, 7 trillion, rate Rp9.700) for the acquisition of new companies.

Quoted by Reuters on Friday, May 24, 2013, Google and Facebook in talks to buy Waze. Initially, Facebook first expressed interest in acquiring Waze, but suddenly Google also made ​​an offer.

Waze is a navigation company for smart phones that can display maps and traffic data in real-time. In fact, Waze users can give a point to tell other users where traffic cops are.

Quoted from Businessinsider, Waze is not interested in the offer of Facebook, because in his proposal Waze wants to move its headquarters to California. Waze interested in acquiring Facebook, because Facebook can enhance the local search.

Meanwhile, Google will integrate the service with Google Maps and Waze deliberately included in the offer to annoy Facebook acquisitions.

Currently, the main investor Waze is Microsoft, and the owner of Waze is considering to seek additional investment rather than selling. Offers two technology giants is increasing the value of fresh Waze.
 
sources:
http://dunia.news.viva.co.id/news/read/415561-google-dan-facebook-berebut-akuisisi-perusahaan-israel

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