11.06.2013 21:45:00
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Moody's says Google's Acquisition of Waze Inc. is credit positive
New York, June 11, 2013 -- Moody's says Google Inc. (Aa2 stable), which dominates the market for online maps, agreed to acquire privately held map-software provider Waze Inc. The purchase is credit positive for Google because of the growing importance of mapping technology to provide mobile services such as local advertising.