Google paid 966 million dollars for Waze

The document submitted to the SEC (Securities and Exchange Commission) Google reveals the true amount paid to provide the Israeli start-up Waze: 966 million dollars, not 1.3 billion dollars as previously announced.

We know that since the beginning of the year, several tenors computer had sought to offer the Israeli nugget Waze and its system of community mapping. Mid-June, we learned that Google had finally won the battle by swallowing the start-up, doubling other potential buyers including Facebook.

Google had then refused to disclose the acquisition price, but then we talked some 1.3 billion dollars. The Web giant has not paid much, but as we learn in a note sent to the U.S. stock market watchdog, he still signed a check for 966 million dollars. Making it the fourth largest acquisition in its history after YouTube (1.65 billion dollars), Double-click (3.1 billion) and Motorola Mobility ( 12.5 billion dollars). 


Especially the reluctance of Google is understood to give the exact amount because, as we noted in a previous article, Waze is struggling to monetize its services and has not yet found a viable business model. This is perhaps one of the arguments that Google can help by putting the monetization tool for its millions of users.