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Google confirms Waze acquisition

Published Jun 11th, 2013 12:00PM EDT
BGR

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Google on Tuesday confirmed that it has acquired social navigation company Waze. Earlier reports had suggested that Google offered to pay a whopping $1.3 billion to acquire the company, reportedly beating out both Apple and Facebook. Brian McClendon, Google’s vice president of geo-products, announced that for the time being, the Waze product development team will operate separately and will not be forced to relocate to Mountain View — which was a stumbling block during the negotiations between Waze and Facebook. The company said that it plans to integrate Waze’s traffic features into Google Maps, while continuing to work with and build the “vibrant Waze community.”

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.