This week, Google (GOOGL 0.55%) bought Israeli social-map app developer Waze for $1.1 billion, a move that initially had many wondering, why Google would pay nearly the amount of money it paid to acquire YouTube for a company that has zero revenue. In this video from the Motley Fool's Weekly Tech Review, host Chris Hill and analysts Eric Bleeker and Austin Smith discuss the history of Google's acquisitions, and why this could make a very solid purchase indeed for the search-engine giant.
The relevant video segment can be found between 3:05 and 5:09.
