Once a tech company gets to a certain size, the lines between offense and defense begin to blur. Really, though, it doesn't matter if analysts and financial writers categorize Google's (Nasdaq:GOOG) widely-rumored acquisition of Waze as offensive or defensive. The fact is, Waze is a valuable mapping asset and it brings more value (and a deeper moat) to Google's already valuable and important mapping assets.
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http://www.investopedia.com/stock-analysis/061013/google-goes-waze-stay-strong-maps-aapl-msft-goog-fb.aspx
Investopedia: Google Goes A Waze To Stay Strong In Maps
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