engine - 4:08 pm on Jun 11, 2013 (gmt 0)
To help you outsmart traffic, today we’re excited to announce we’ve closed the acquisition of Waze. This fast-growing community of traffic-obsessed drivers is working together to find the best routes from home to work, every day.
The Waze product development team will remain in Israel and operate separately for now. We’re excited about the prospect of enhancing Google Maps with some of the traffic update features provided by Waze and enhancing Waze with Google’s search capabilities.
Google Acquires Real-Time Traffic Mapping Company, Waze [googleblog.blogspot.com]