Google and Facebook compete Waze

27 May

The Israeli startup Waze company already has two formidable competitors vying Web acquisition: the giants Google and Facebook.Waze

The novelty of this software that gives the map and indicates the traffic is communication between users, so if there was an accident or there is a checkpoint pathways is the user knowing.

The navigation system captures data satellite Waze, and acquired great popularity, which is generating a bidding war with the company’s Facebook and Google, the site reported Bloomberg.

The Waze developed navigation application using social networking features, and is interested in values ​​above $ 1 billion and is receiving expressions of various candidates for purchase.

Other information reported by the media claimed that Facebook held talks to buy Waze for up to $ 1 billion, then the business‘re near.


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