Waze won the Best Overall Mobile App award at the 2013 Mobile World Congress, beating Dropbox, Flipboard and others. On June 11, 2013, Google completed the acquisition of Waze for a reported US$1.3 billion. As part of the deal signed, each of Waze's 100 employees will receive an average of about $1.2 million, which represents the largest payout to employees in the history of Israeli high tech.