BWW Geeks World

Rumor Patrol: Apple Says NO Plans to Acquire Waze

Related: Apple, Waze, Social, Traffic

Techcrunch reported this morning that Apple is in advanced talks to purchase social traffic App Waze for somewhere in the realm of $400 - $750 million dollars. The site reports that "An apple spokesperson said: "We don't comment on rumors or speculation." We got a "we never comment on rumors" from Waze. [UPDATE: Another source confirms that negotiations are advanced, but Waze wants $750M and Apple is willing to do $400M plus $100m in incentives. Waze had less than $1M in revenues last year (primarily from ads). Negotiations may take awhile."

Now, CNET adds to the story noting that "A source familiar with Apple's thinking has told CNET that reports that Waze would be acquired by the iPhone maker are completely "fabricated." The person told CNET that Apple has no plans to acquire Waze, and discussions are currently not being held between the companies."

Waze is a free traffic and navigation app, home to the world's largest community of drivers who work together to fight traffic, and save time and gas money on their daily commute. By simply driving with Waze open, drivers passively contribute traffic info that benefits their local driving community. Drivers can also actively report events such as accidents, police traps, or hazards along the way. Aggregating this crowdsourced road info, Waze provides the best real-time routes that bypass traffic, even re-routing drivers as road conditions change.

The Waze community is over 28 million strong and growing! You can download Waze free in over 25 languages from the iPhone Appstore and Google Play. Start saving valuable time and gas money, and make driving just a little more fun!

For more information on waze, click here.

Related Links
LIONSGATE AND THUNDER ROAD PICTURES ANNOUNCE WORLDWIDE COLLABORATION WITH GAME PUBLISHERS STARBREEZE AND 505 GAMES ON EXCLUSIVE 'JOHN WICK' DOWNLOADABLE CONTENT FOR PAYLIONSGATE AND THUNDER ROAD PICTURES ANNOUNCE WORLDWIDE COLLABORATION WITH GAME PUBLISHERS STARBREEZE AND 505 GAMES ON EXCLUSIVE 'JOHN WICK' DOWNLOADABLE CONTENT FOR PAY
October 21, 2014
IEEE Announces The Future of Identity Series at SXSW' 2015IEEE Announces The Future of Identity Series at SXSW' 2015
October 21, 2014
Pros and Conversation: FleishmanHillard Launching 15-Day Online Learning Series to Help Companies Plan for 2015Pros and Conversation: FleishmanHillard Launching 15-Day Online Learning Series to Help Companies Plan for 2015
October 21, 2014
Clarion Welcomes Lucas Oil as the Newest Partner for the 'Clarion Builds' ProgramClarion Welcomes Lucas Oil as the Newest Partner for the 'Clarion Builds' Program
October 21, 2014
Third Annual Verizon Innovative App Challenge, Designed to Spark Students' Interest in STEM, Open for EntriesThird Annual Verizon Innovative App Challenge, Designed to Spark Students' Interest in STEM, Open for Entries
October 21, 2014


About Author

Subscribe to Author Alerts


Become a Fan, Follower & Subscriber