Google and Waze on Tuesday announced that the search giant had purchased the
Israeli traffic app, but did not specify the sum of the deal.
leaders] share our vision of a global mapping service, updated in real time by
local communities, and wish to help us accelerate," Waze CEO Noam Bardin wrote
in a post on the company's site.
"We are excited about the prospect of working
with the Google Maps team to enhance our search capabilities and to join them in
their ongoing efforts to build the best map of the world." Google VP Brian
McClendon added, that the company would "work closely with the vibrant Waze
community, who are the DNA of this app, to ensure they have what’s needed to
grow and prosper."