Will Anobit be Apple’s R&D Center in Israel?

Apple is in talks to acquire Israeli flash maker Anobit for a rumored $400-$500 million, according to a report by Calcalist. This would be Apple’s first acquisition in Israel and if completed, Anobit and its 200 employees in Herzliya will become Apple’s R&D center in Israel. Continue Reading

Navajo Systems SaaS Encryption Sold to SalesForce

SalesForce.com, a pioneer in SaaS technology has made its first acquisition in Israel, with its decision to buy Navajo Systems for $30 million, says Globes. Following the acquisition, SalesForce will open its first R&D center in Israel. Continue Reading

It’s a Family (tree) Business: My Herritage Acquires Polish Startup

Myheritage.com logo

Techcrunch broke the news on the acquisition of Poland-based Bliscy.pl by Israel-based MyHeritage.com. Bliscy will help MH increase reach as the acquisition brings MyHeritage family network to 56 million registered users and approximately 762 million profiles, 18 million family trees and 116 million photos. Continue Reading

Israeli Startup Picapp Merges with YBrant Media

Picapp images that click logo

Ybrant Media, an large Indian Media portfolio of companies, has acquired Israeli startup PicApp for an undisclosed amount. This is Ybrant Media’s second acquisition in Israel. The company has previously bought Advertising startup Oridian in 2007. Continue Reading

Facebook Acquires Israel’s Snaptu For an Estimated $60-70 Million

Snaptu, the app store for feature phones

Facebook surprised with its first acquisition in Israel today, with the announcement that it is buying Israeli startup Snaptu (previously known as Moblica) for an estimated $60-70 million. Founded in 2007 by Ron Makavy, Micha Berdichevsky, and Barak Naveh, Snaptu raised a total of $9 million in three rounds Continue Reading

Weekend Reads: from Innovation to Recession

How Yahoo’s Latest Acquisition Stole & Broke My Heart  http://goo.gl/UXBv [the flip side of Dapper’s acquisition by RWW] Venture Funding Shrinks Leaving Scores of ‘Walking Dead’ Firms http://goo.gl/3yRL [founding firms are down, but IPOs might be coming back] Is the Valley Falling… Continue Reading