Waze, a crowdsourced GPS navigation app, was founded in Israel in 2006 and grew into one of the country's best-known tech exports. Google bought the company in June 2013 for about 1.3 billion US dollars, one of the largest acquisitions of an Israeli startup at the time. The app is still used by hundreds of millions of drivers worldwide.
Record no. MRB-2026-005846
Navigation app acquired for 1.3 billion dollars
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