Yesterday there was news about Google's acquisition of Waze with 1.3 billion US dollars. Today Google officially released news that they had completed the acquisition of Waze. However the price is not unveiled.Google said on its official blog :The Waze product development team will remain in Israel and operate separately for now. We’re excited about the prospect of enhancing Google Maps with some of the traffic update features provided by Waze and enhancing Waze with Google’s search capabilities.The major benefit of Waze to Google is its real time traffic information. When you foll...