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April 25, 2014 / 25 Nisan, 5774
At a Glance

Posts Tagged ‘Acquisition’

Blue and White, All the Waze

Monday, May 13th, 2013

Waze and Facebook have reached an impasse in their negotiations, but not over whether Facebook will buy Waze for 700 million dollars, or a clean billion, but over Israel, according to the Israeli site Telecom News.

Facebook wants to close down Waze’s Raanana office, and transfer some of the developers to the U.S.

While the proudly Zionist Waze wants the development facility to remain in Israel.

Both companies are holding their ground on this issue.

Of course, Facebook is also not noted for their particularly great coding skills, and the Waze people may be concerned about what will happen to their product if Facebook developers start playing with it without adult supervision.

Printed from: http://www.jewishpress.com/news/breaking-news/blue-and-white-all-the-waze/2013/05/13/

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