Google finalising $1.3 billion deal for mapping company Waze
11 years, 9 months ago

Google finalising $1.3 billion deal for mapping company Waze

Firstpost  

Google is finalising a deal to acquire online mapping company Waze for $1.3 billion, according to a source familiar with the matter…. Google is finalising a deal to acquire online mapping company Waze for $1.3 billion, according to a source familiar with the matter. The deal with Google comes after discussions between Waze and social networking company Facebook fell apart last month, according to a report by AllThingsD. Google finalises deal for online mapping company Waze… Maps and navigation services have become a key asset for technology companies as consumers increasingly adopt smartphones and other mobile devices.

Google Company Deal Source Waze Online Mapping Company Mapping Company Waze  waze  source  google  billion  online  users  company  deal  13  according  acquire  mapping  finalising

History of this topic

Google’s $32 Billion Wiz Buyout Fast-Tracked Under Donald Trump's Leadership: Report
Top News
2 days, 18 hours ago

Google’s $32 Billion Wiz Buyout Fast-Tracked Under Donald Trump's Leadership: Report

ABP News  

Google's parent company, Alphabet Inc, acquired Israeli cybersecurity start-up Wiz on Tuesday in a record-breaking deal worth $32 billion. The new valuation was 39 per cent higher than Google’s previous bid and included a reverse breakup fee exceeding $3.2 billion—over 10 per cent of the total deal value. Google saw the premium as a justified investment, considering Wiz’s 70 per …

Google to buy cybersecurity firm Wiz for $32 billion in biggest deal in company's history
Trending News
2 days, 20 hours ago

Google to buy cybersecurity firm Wiz for $32 billion in biggest deal in company's history

Deccan Chronicle  

San Francisco: Google has struck a deal to buy cybersecurity firm Wiz for $32 billion in what would be the tech giant's biggest-ever acquisition at the same time it's facing a potential breakup of its internet empire. Wedbush analysts called Google's move to buy Wiz “a shot across the bow” at other tech giants, particularly Microsoft and Amazon, who have …

Google set to acquire cybersecurity firm Wiz for $32 billion
Top News
3 days, 12 hours ago

Google set to acquire cybersecurity firm Wiz for $32 billion

Hindustan Times  

Google parent Alphabet Inc. agreed to acquire cybersecurity firm Wiz Inc. for $32 billion in cash, reaching a deal less than a year after initial negotiations fell apart because the cloud-computing startup wanted to stay independent. Google will acquire cloud security platform Wiz for $32 billion, citing the need for greater cybersecurity capacity as artificial intelligence embeds itself in technology …

Google to buy cybersecurity firm Wiz for $32 billion in the biggest deal in company’s history
3 days, 13 hours ago

Google to buy cybersecurity firm Wiz for $32 billion in the biggest deal in company’s history

Associated Press  

SAN FRANCISCO — Google has struck a deal to buy cybersecurity firm Wiz for $32 billion in what would be the tech giant’s biggest-ever acquisition at the same time it’s facing a potential breakup of its internet empire. Wedbush analysts called Google’s move to buy Wiz “a shot across the bow” at other tech giants, particularly Microsoft and Amazon, who …

Google Parent Entity, Alphabet, Agrees To Acquire Cybersecurity Start-Up Wiz For $32 Billion: Report
3 days, 13 hours ago

Google Parent Entity, Alphabet, Agrees To Acquire Cybersecurity Start-Up Wiz For $32 Billion: Report

ABP News  

Google's parent company, Alphabet, has reportedly agreed to buy cybersecurity start-up Wiz for at least $32 billion, The Financial Times reported on Tuesday. If finalised, the deal would significantly strengthen Google's cloud business by integrating Wiz’s AI-driven cybersecurity solutions. If Alphabet successfully acquired Wiz, it would mark a major expansion into the cybersecurity market, bolstering its cloud infrastructure division, which …

Google makes its biggest-ever acquisition
4 days, 1 hour ago

Google makes its biggest-ever acquisition

CNN  

CNN — Google announced a deal Tuesday to buy rapidly growing cybersecurity firm Wiz for $32 billion. The all-cash takeover of privately held Wiz represents a big bet by Google on cloud security and cybersecurity in this period of explosive growth for artificial intelligence. The Wiz deal, which is subject to regulatory approval, easily surpasses Google’s previously biggest takeover: An …

Cyber security startup Wiz reportedly rejects $23 billion acquisition proposal from Google
7 months, 3 weeks ago

Cyber security startup Wiz reportedly rejects $23 billion acquisition proposal from Google

Associated Press  

NEW YORK — Wiz has rejected a reported $23 billion acquisition proposal from Google parent Alphabet — as the cybersecurity startup pivots back to a previously-planned initial public offering, according to a company memo seen by CNBC and others. In a Monday memo to Wiz employees, as reported by CNBC, CEO Assaf Rappaport noted “saying no to such humbling offers …

Google set to make largest acquisition in its history
8 months ago

Google set to make largest acquisition in its history

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The US technology giant is expected to pay $23 billion for cyber security firm Wiz, The Wall …

Google Layoffs: Search giant announces job cuts in mapping division Waze
1 year, 8 months ago

Google Layoffs: Search giant announces job cuts in mapping division Waze

Firstpost  

Google, owned by Alphabet, has announced job cuts at its mapping app, Waze, as it merges the app’s advertising system with Google Ads technology. “In order to create a better, more seamless long-term experience for Waze advertisers, we’ve begun transitioning Waze’s existing advertising system to Google Ads technology. As part of this update, we’ve reduced those roles focused on Waze …

Google Undergoes Fresh Job Cuts, Waze Employees Let Go: Report
1 year, 8 months ago

Google Undergoes Fresh Job Cuts, Waze Employees Let Go: Report

ABP News  

Google's mapping service app, Waze, is reportedly undergoing job cuts as the company aims to streamline operations and increase efficiency in line with a prevailing trend in Silicon Valley. In a letter addressed to Waze employees, Chris Phillips, Vice President of Google's Geo unit, hinted at impending job cuts in departments such as sales, marketing, operations, and analytics, though no …

Google laying off employees working in Waze unit: Know more
1 year, 8 months ago

Google laying off employees working in Waze unit: Know more

India TV News  

Google has started cutting cuts in its wage mapping service, impacting operations in India as well. Although the exact number of job reductions was not disclosed in the email, the report suggests that the Waze unit currently employs more than 500 individuals. Google has more staff and salary As concerns of a global economic downturn loom, IT companies worldwide are …

Google makes Maps, driving directions available offline
9 years, 4 months ago

Google makes Maps, driving directions available offline

LA Times  

The latest version of Google’s map app allows users to download city maps so that streets and businesses will be stored on their mobile devices. “When a connection is found, it will switch back online so you can easily access the full version of Maps, including live traffic conditions for your current route,” Google Product Manager Amanda Bishop wrote in …

Google is the new Microsoft. Uh-Oh.
10 years, 2 months ago

Google is the new Microsoft. Uh-Oh.

Live Mint  

Google Inc. prints money. Citigroup Inc. analyst Mark May says that 60% of Google’s mobile search revenue in 2014 came from the Apple deal. Despite all the talk about Google’s much vaunted moonshots—self-driving cars and Google Glass, internet-connected balloons and drone deliveries—the company is still basically a purveyor of cheap online ads that it sells at massive volume against the …

Google paid $966 million for Israeli mapping start-up Waze
11 years, 7 months ago

Google paid $966 million for Israeli mapping start-up Waze

Firstpost  

After keeping it under wraps for the longest time, Google has revealed that it shelled out a whopping $966 million to purchase Israeli mapping start-up Waze… After keeping it under wraps for the longest time, Google has revealed that it shelled out a whopping $966 million to purchase Israeli mapping start-up Waze. Google shelled out big bucks “In June 2013, …

US FTC conducting preliminary inquiry into Google's Waze acquisition
11 years, 8 months ago

US FTC conducting preliminary inquiry into Google's Waze acquisition

Firstpost  

Antitrust regulators are conducting a preliminary inquiry into Google Inc’s recent acquisition of online mapping service Waze, according to a person with knowledge of the matter. Google was able to close the deal without US regulatory approval because Waze’s revenue and assets in the US were below the $70.9 million threshold required for antitrust review. Google’s existing online mapping service …

US FTC conducting preliminary inquiry into Google's Waze acquisition
11 years, 8 months ago

US FTC conducting preliminary inquiry into Google's Waze acquisition

Firstpost  

Antitrust regulators are conducting a preliminary inquiry into Google Inc’s recent acquisition of online mapping service Waze, according to a person with knowledge of the matter. Google was able to close the deal without US regulatory approval because Waze’s revenue and assets in the US were below the $70.9 million threshold required for antitrust review. Google’s existing online mapping service …

Facebook and Google set to face off in billion dollar battle to buy satnav startup Waze
11 years, 9 months ago

Facebook and Google set to face off in billion dollar battle to buy satnav startup Waze

Daily Mail  

Facebook and Google set to face off in billion dollar battle to buy satnav startup Waze Both firms believed to be in talks with Waze Apple ruled out of discussions Google is considering buying Israeli satnav startup Waze - putting it in a billion dollar bidding war with Facebook for the firm. Waze uses satellite signals from members' smartphones to …

Facebook in talks to buy Israel's Waze for up to $1 billion: Report – Firstpost
11 years, 10 months ago

Facebook in talks to buy Israel's Waze for up to $1 billion: Report – Firstpost

Firstpost  

Facebook Inc is in advanced talks to acquire Israeli mobile satellite navigation start-up Waze for $800 million to $1 billion, business daily Calcalist Facebook Inc is in advanced talks to acquire Israeli mobile satellite navigation start-up Waze for $800 million to $1 billion, business daily Calcalist reported on Thursday. Waze uses satellite signals from members’ smartphones to generate maps and …

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