Potential bidding war looms with Google reportedly eyeing Waze

Potential bidding war looms with Google reportedly eyeing Waze

waze_720

This could get pretty interesting pretty quick. Google is reportedly considering throwing in a counter-offer to Waze and may be ready to engage Facebook in a bidding war.

Waze is fielding expressions of interest from multiple parties and is seeking more than $1 billion, said one of the people, who asked not to be identified because the talks are private.

First surfacing a few weeks ago, rumors had it that Facebook was in advance stages of discussion with the social-based mapping and navigation service. Details, at the time, suggested that the deal was hovering around the $1 billion mark; any bidders interested better have a big wallet.

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I’m curious as to whether Google would fold in any of Waze’s features into the Maps experience or simply just  remove one of its biggest threats.

Bloomberg

 

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Scott Webster
Scott Webster 6698 posts

Scott has been running AndroidGuys since 2007 and loves nothing more than reading up on the latest smartphone rumors. His other mobile efforts can be found on Android Update (CNET) where he covers Google's mobile platform.