Go Back   MacRumors Forums > News and Article Discussion > MacRumors.com News Discussion

 
 
Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
Old Jan 3, 2013, 01:00 PM   #1
MacRumors
macrumors bot
 
Join Date: Apr 2001
No Deal in Sight for Apple to Acquire Waze




Yesterday, TechCrunch reported that Apple was interested in purchasing Waze, the social turn-by-turn navigation company. According to the report, Apple was offering approximately $400 million plus an additional $100 million in incentives, but Waze was holding out for closer to $750 million.

TechCrunch's MG Siegler now reports that there is no deal in sight.
Quote:
And while Mike Butcher also claimed multiple sources in his original post, you'll note that he was quick to qualify the information as a "rumor" (or in British parlance -- Mike is English -- a "rumour"). Because that's exactly what it was. This isn't a rumor (of a non-deal). There is no deal is happening. At least not now or anytime soon.
Siegler goes to note that Apple and Waze have in fact probably had low-level conversations about a closer partnership given that the two companies are already working together on Apple's mapping products, but he says that the talks are so far nothing more than the typical interactions seen between partner companies on a daily basis.

Article Link: No Deal in Sight for Apple to Acquire Waze
MacRumors is offline   0 Reply With Quote

 
MacRumors Forums > News and Article Discussion > MacRumors.com News Discussion

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Similar Threads
thread Thread Starter Forum Replies Last Post
Why did Apple let Google buy Waze (Reportedly) ajvizzgamer101 iOS 7 9 Jun 10, 2013 12:56 AM
mobile OSs: Google to acquire WAZE? gto55 Alternatives to iOS and iOS Devices 18 May 30, 2013 07:53 PM
Consumer Backlash Against Apple Maps Surprised Waze CEO MacRumors MacRumors.com News Discussion 147 Apr 18, 2013 11:58 AM
Traffic Review: Apple Maps vs Google Maps vs Waze vs Navigon hagar iPhone and iPod touch Apps 1 Mar 4, 2013 11:25 AM
Apple Interested in Purchasing Social Turn-by-Turn Navigation Company Waze? [Updated] MacRumors MacRumors.com News Discussion 117 Jan 3, 2013 03:04 PM

Forum Jump

All times are GMT -5. The time now is 01:22 AM.

Mac Rumors | Mac | iPhone | iPhone Game Reviews | iPhone Apps

Mobile Version | Fixed | Fluid | Fluid HD
Copyright 2002-2013, MacRumors.com, LLC