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.
Face.com Gets $4.3 Million from Russian Yandex and Rhodium
Face.com raises $3.4 million from Yandex for its face recognition technology. The space has become hot following the acquisition of Polar Rose by Apple for a rumoured $29 million.