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Apple reportedly not looking to buy Waze after all

Published Jan 3rd, 2013 3:07PM EST
Apple Waze Acquisition

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Despite earlier rumors that claimed a deal was in the works, CNET and TechCrunch are both reporting that Apple (AAPL) has no plans to acquire Waze. It was previously reported that Apple was considering a buyout of the social navigation startup in an effort to improve its widely-panned Maps application. A second report suggested that negotiations between the two companies were further along than once thought and that Waze was seeking a hefty $750 million payout from Apple. According to MG Siegler of TechCrunch, however, “there is no deal happening, at least not now or anytime soon.”

Dan joins the BGR team as the Android Editor, covering all things relating to Google’s premiere operating system. His work has appeared on Fox News, Fox Business and Yahoo News, among other publications. When he isn’t testing the latest devices or apps, he can be found enjoying the sights and sounds of New York City.