Israeli App Waze Could Fetch $1B from Facebook or Apple
By Jspace Staff on 5/9/2013 at 12:25 PM
Categories: Israel, Business, World
Israeli app Waze is on the verge of some incredibly lucrative buy outs. The navigation app, which has emerged as a highly successful start up venture for its Israeli creators, has potential offers from Facebook and Apple, which could reach more than $1 billion in pay out. Facebook is reportedly interested in picking up the app for a sum between $800 million and $1 billion. Reports are also surfacing that Waze managers spoke with interested Apple execs earlier in the year as well. The app is used by drivers to …More





























