Google to Acquire Waze Free Traffic App for 1.1 Billion

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Waze is an Israeli crowd sourced traffic app that has the ability to show you the quickest route and redirect Waze users around traffic, essentially outsmarting the traffic jam. The yet to be finalized deal is potentially valued around 1.1 Billion US.

Waze_BB_us

Waze with over 50 million users, uses it’s users’ location data to paint a live map of traffic. The system is especially good at adapting to changing traffic patterns and can suggest alternate routes on the fly. All the mapping systems try to map out traffic but Waze is pretty far ahead of the competition in terms of coming very close to showing you the actual traffic conditions.

Waze’s traffic technologies will be a huge asset to Google Maps’ existing traffic feature and big impactions of future navigation apps. Google has traditionally dissolved Israeli acquired companies, part of this deal seems to be that Waze offices will remain in Israel and continue to develop their system.

Click here to read more from Israel National News.

Click here to download the Waze traffic app for Legacy BlackBerry OSes free from BlackBerry World.

  • MG

    i have a 9930 on VZW, i go to APPWORLD and get msg: “unavailable for this device”

  • RP Singh

    Oh no get it quick before they make exclusively available on google phones…