— cartoon courtesy of Yaakov “Dry Bones” Kirschen
From the Associated Press:
Waze sale signals new growth for Israeli high-tech
Google’s acquisition of navigation software is not only among largest-ever purchase prices for Israeli startup; it also cements recent push by local high-tech industry into fast-growing consumer market
Google Inc.’s $1.03 billion purchase of Israeli navigation software maker Waze marks an important milestone for the country that affectionately calls itself “Startup Nation.”
The acquisition is not only among the largest-ever purchase prices for an Israeli startup. It also cements a recent push by the local high-tech industry into the fast-growing consumer market.