Google appears close to buying Waze for $1B

http://en.wikipedia.org/wiki/Waze

Google is close to a deal to acquire Waze, maker of the eponymous crowdsourced mapping app, for at least $1 billion, according to the Wall Street Journal and others.

The potential deal was first reported by Israeli business site Globes which said it would be worth $1.3 billion, citing sources.

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Story added 10. June 2013, content source with full text you can find at link above.