Waze: Google Paid $966 Million in Cash

Waze: Google Paid $966 Million in Cash
In a Form 10-Q filed to the SEC, Google revealed it paid $966 million in cash for the acquisition of Waze.

Read an excerpt from the form below:

“In June 2013, we completed our acquisition of Waze Limited (Waze), a provider of a mobile map application which provides turn-by-turn navigatio…