Google Spent $966 Million In Waze Acquisition

Google disclosed Thursday that it paid whopping sum of $966 million for the acquisition of the Israel-based company behind the mapping app Waze. It was, though, previously speculated that Google had paid a little more than $1 billion. Reportedly, Google spent $847 million in goodwill, $188 million in intangible assets, and $69 million in net liabilities. This information comes from the Securities and Exchange …

The Bidding War Between Google And Facebook To Acquire Waze

People who are familiar with the matter about Waze, when told Bloomberg that it is going to manage the “expression of interest” through multiple parties, here’s some more news that you will definitely be interested in. It is planning to target a selling price of about $1 billion. The firm is also planning to finance a venture capital in order …