WAZE , GOOGLES NEW BUY

Newly acquired by Google, Waze is an Israeli based company running the social traffic and mapping application. This purchase is pegged at approximately $1.03 billion.
In the face of stiff competition between android and other OS platforms, Google is sure to boost its strides and have an edge.
Face book had previously vied for Waze but was beaten to it .
For now, the Waze team would be left in Israel to do their thing .