Google Acquires Real-Time Traffic Mapping Company, Waze
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]
5:31 pm on Jun 11, 2013 (gmt 0)
I'm so excited, and I just can't hide it...
Gracious god, have they automated their press releases too? They all sound the same.
8:06 pm on Jun 11, 2013 (gmt 0)
Just put on your google glasses and they can tell you where to go, how to get there, what to when you arrive, and how to get home. You don't need to think for yourself anymore google will do if for you.
No wonder they are so excited, just think of all the advertising opportunities.
10:04 pm on Jun 11, 2013 (gmt 0)
Good news for adwords customers... now people can find restaurants, hotels, etc on the go
11:23 pm on Jun 11, 2013 (gmt 0)
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.
Will this info be archived and be available to the GOV upon a wish as well?
11:43 pm on Jun 11, 2013 (gmt 0)
The Waze product development team will remain in Israel and operate separately for now.
How long do you think it will take for Google to require a G+ account of the 50 million users and, eventually, place access to the service behind a Google+ login? Will that stunt the growth of Waze? I don't see many users writing "oh Good, Google is going to make this even better" yet but there are several who say that a good thing will be ruined.
just put on your google glasses
You mean Googles?
[edited by: Sgt_Kickaxe at 11:46 pm (utc) on Jun 11, 2013]
11:45 pm on Jun 11, 2013 (gmt 0)
Yet more competition getting bought up by Google. I don't see how this benefits consumers at all. Will this be scrutinized by the government? After hearing about PRISM and government/Google working together, I won't count on any review taking place because of this acquisition.
6:48 am on Jun 12, 2013 (gmt 0)
I do not have much of a problem if one company knows where I am. And another has my emails. And another knows where I prefer to eat. And another knows my search requests, and another what videos I watch.
But if it's one company that knows this all, no thanks. Google you have been dead to me for a long time now.
3:10 pm on Jun 12, 2013 (gmt 0)
The only negative aspect I can see is that it will probably end up requiring a G+ account.
Google is wallowing in cash, and it is investing it in businesses and services which may, or may not, flourish.
There's no doubt the type of real-time data from this company might be useful, but it does require participation by people actually involved in the traffic at the time.
5:30 pm on Jun 12, 2013 (gmt 0)
There are 2 main reasons to buy a company: 1) To gain access to the company's products/services/IP. 2) To prevent access by your competitors to the company's products/services/IP.
Considering Yahoo's current buying spree, this was probably not a bad move.