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.
Invest in Israel Newsletter June 2011 Edition
As every month, VC Cafe is re-posting the “Invest in Israel” Newsletter, published by the investment promotion center of Israel’s Ministry of Industry, Trade and Labor, which offers many helpful tools for prospecting investors. See the June 2011 edition after the jump. For previous editions, click here.