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Apple is apparently looking to find its way back to consumer trust in the world of maps by acquiring the crowdsourced location data company Locationary.
Google has confirmed that it has been contacted by US regulators regarding its acquisition of social mapping application Waze, suggesting the billion-dollar purchase will be the target of an antitrust investigation.
Last week it was announced that Google bought Waze for an estimated $1B*.
Maine marketing firm, My Local Leads, provides information on what the latest acquisition by Google could mean for local online marketing efforts. Kennebunk,
Technology Industry Analyst Jeff Kagan is available to speak with reporters, or may be quoted through this release. Atlanta, GA (PRWEB) June 11, 2013
Several news sources are reporting that Google is almost ready to seal the deal with Waze, purchasing the Israeli mapping app for just over $1 billion.
The crowdsource traffic app Waze has hit the brakes and stopped acquisition talks that would have seen Facebook purchase the Israeli-developed social mapping and navigation startup.
Google is currently in talks to buy map software provider Waze Inc, sources told Bloomberg recently.
Three Israeli news sources are claiming that Facebook has plans to spend up to another $1 billion on popular mapping app Waze.
- A hairdresser.