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google-waze-acquisition

Google close to closing $1.3 billion acquisition for Waze

Google could be on the final stages on the move to acquire Waze, the social traffic and navigation app. Globes, a native Israeli newspaper, has reported the deal could be in its finalisation stages, with Google ready to announce within weeks. The price has been bumped up, from $1 billion Facebook apparently offered to $1.3 billion.