Facebook No Longer Looking At Acquiring Waze

Facebook No Longer After Acquiring WazeFacebook no longer seem to be in the race to buy the Silicon Valley  startup, Facebook COO Sheryl Sandberg told  Allthings’sD Walt Mossberg at All Things D’s D11 on Wednesday that Facebook isn’t getting into proprietary Facebook mapping software. Google also reportedly was in the hunt and had offered $1 billion to win over the owners of Waze.

The report further added that “the talks dissolved in recent days, according to sources, due in part to conflicts over whether or not the Waze team — which is predominantly based in Israel — would move over to the United States and fold itself into Facebook’s Menlo Park, Calif., headquarters, among other reasons.”



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