IBM Buys Diligent for Estimated $200M

A Globes article published today reported that IBM has bought Israeli storage solutions developer Diligent Technologies Corporation for an estimated $200 million.  The acquisition comes just one week after the computing giant bought FilesX for $70-90 million (see post). 
IBM is snatching up Israeli startups left and right–  It recently acquired XIV, partnered with Siverge and is [...]

Handset Start-Up Modu Secures $100M

Cellular technology start-up Modu Ltd., which is valued at $150 million, has secured $100 million in funding commitments from investors, according to Globes. It’s still trying to raise additional funds and is continuing to present to local and overseas investors. The company was founded just 18 months ago by Dov Moran, a seasoned [...]