Google stated that it’s going to merge groups engaged on the mapping service Waze and merchandise like Google Maps, efficient December 9, in a bid to consolidate processes.
The Alphabet Inc.-owned firm will combine Waze, which it acquired in 2013 for $1 billion, into Google Geo, its portfolio of real-world mapping merchandise that embrace Google Maps, Google Earth, and Road View, a Google spokesperson stated.
Waze CEO Neha Parikh will exit the corporate following a transition interval, Google stated, including that Waze will proceed to be a standalone app, with about 151 million month-to-month lively customers worldwide.
“By bringing the Waze group into Geo’s portfolio of real-world mapping merchandise, the groups will profit from additional elevated technical collaboration,” the spokesperson stated.
In a letter dated July 12, Alphabet CEO Sundar Pichai stated the corporate would streamline processes and consolidate investments the place they overlap.
In February 2021, Waze’s former high govt, Noam Bardin, stated it struggled to develop inside Google and that Waze might have “most likely grown sooner and rather more effectively had we stayed unbiased.”