Google to merge mapping service Waze with maps products teams
Google said on Thursday it will merge teams working on mapping service Waze and products like Google Maps, effective Dec. 9, in a bid to consolidate processes, News.az reports with reference to Reuters.
The Alphabet Inc-owned company will integrate Waze, which it acquired in 2013 for $1 billion, into Google Geo, its portfolio of real-world mapping products that include Google Maps, Google Earth, and Street View, a Google spokesperson said.
Waze CEO Neha Parikh will exit the company following a transition period, Google said, adding that Waze will continue to be a standalone app, with about 151 million monthly active users worldwide.
"By bringing the Waze team into Geo's portfolio of real-world mapping products, the teams will benefit from further increased technical collaboration," the spokesperson said.