Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Computing
Conference & Expo
November 2-4, 2009 NYC
Register Today and SAVE !..

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
SYS-CON.TV
Google’s Waze Acquisition in the Bag
It didn’t disclose how much it’s paid to close the deal, but the Israeli paper Globes put the price at $1.3 billion

Google made its much anticipated move Tuesday and pocketed Waze, the Israeli real-time traffic map maker.

It didn't disclose how much it's paid to close the deal, but the Israeli paper Globes put the price at $1.3 billion. Bloomberg put it at $1.1 billion. Either way it's reportedly cash money.

Google said in a short blog announcement that the "Waze product development team will remain in Israel and operate separately for now." Waze reportedly has 100 people in Israel.

Facebook tried to buy Waze for a reported $800 million to a billion dollars in cash and stock, but negotiations supposedly broke down when it insisted the Waze folks move to California.

The start-up has an office in Silicon Valley where it has a small staff and where its CEO Noam Bardin is located.

Bardin said in a blog posting on Waze's site that "Nothing practical will change here at Waze. We will maintain our community, brand, service and organization - the community hierarchy, responsibilities and processes will remain the same."

He suggested that it would either get bought by Google or IPO and "Choosing the path of an IPO often shifts attention to bankers, lawyers and the happiness of Wall Street, and we decided we'd rather spend our time with you, the Waze community. Google is committed to help us achieve our common goal and provide us with the independence and resources we need to succeed. We evaluated many options and believe Google is the best partner for Waze, our map editors, area managers, champs and nearly 50 million Wazers globally. Together, we can accelerate our mission to outsmart traffic. We will continue to make a real impact on drivers globally, helping them save time and money while making everyone's daily commute a bit more efficient and fun."

No mention was made of a possible regulatory review, especially since Bardin said recently that Google was Waze's only competitor.

Google snagging Waze keeps it away from Apple, which proved it needed help finding Paris on a map when it replaced Google Maps with its own last year.

It reportedly offered $500 million for Waze earlier this year. Why it didn't close the deal is a mystery since it seemed to need the hot property.

The expectation now is that Google Maps with be enhanced with some of the traffic update features provided by Waze and Waze will get Google's search capabilities.

It'll also get Google marketing muscle and money.

Waze uses crowd-sourcing to direct users away from traffic jams, construction sites, accidents, detours, police speed traps and cameras on both Android and the iPhone.

It has 50 million users, mostly in the US and Israel, up from 36 million six months ago and 10 million at the end of 201. It makes money from ads.

Google called its community of 70,000 spotters and map editors "the DNA of this app" and said it would "ensure they have what's needed to grow and prosper."

Waze raised $67 million since it started in '09 from Horizons Ventures (11%), Kleiner Perkins (4%), iFund, Magma Venture Partners (17%), Vertex Venture Capital (12%), Qualcomm Ventures (5%), BlueRun Ventures (19%) and Microsoft (10%). The ownership figures come from Globes which went through the files in Israel.

About Maureen O'Gara
Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

In order to post a comment you need to be registered and logged in.

Register | Sign-in

Reader Feedback: Page 1 of 1

SOA World Latest Stories
"We do one of the best file systems in the world. We learned how to deal with Big Data many years ago and we implemented this knowledge into our software," explained Jakub Ratajczak, Business Development Manager at MooseFS, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8...
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder ...
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings...
Containers and Kubernetes allow for code portability across on-premise VMs, bare metal, or multiple cloud provider environments. Yet, despite this portability promise, developers may include configuration and application definitions that constrain or even eliminate application portabil...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021


SYS-CON Featured Whitepapers
ADS BY GOOGLE