Thomas Jefferson (1743 – 1826)
1. AOL buys Quigo for $340M. Yaron Galai and Oded Itzhak (featured on VC Cafe in the past) are probably happy to be part of AOL’s web advertising network. The deal adds about 100 employees to Time Warner’s AOL, and follows a series of acquisitions in the ad space including: ad network Advertising.com; Tacoda, which targets users based on their habits; wireless ad network Third Screen Media; video ads company Lightningcast; and ADTECH, a global ad-serving company. Is more Israeli M&A to follow? [via AP]
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4. Refresh07 – IDC research has teamed up with Gemini Israel and Genesis Partners to throw the Refresh07, the ‘new media’ conference. It is taking place in Tel Aviv, Israel on November 21st. The conference will deal with the evolving business models online, their impact on distribution channels and traditional media and content value/ monetization. See the conference page and the Refresh07 Facebook group. [via Israel VC on SandHill Road]
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