Skip to content
Subscriber Only

Google Said to Be Buying Waze for $1.1 Billion for Social Maps

Google Inc. has agreed to acquire map-software provider Waze Inc. for about $1.1 billion, a person with knowledge of the deal said, seeking to keep competitors such as Facebook Inc. from eroding its lead in mobile-navigation programs.

The deal for Waze, based in Palo Alto, California, may be announced as early as today, said the person, who asked not to be named because the plans are private.