Posted on April 17, 2008 by Dani Dechter
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 [...]
Filed under: Hi-Tech, Storage | Tagged: accel, ctrue, data storage, diligent, emc, filesx, gemini funds, moshe yanai, siverge | No Comments »
Posted on March 24, 2008 by Dani Dechter
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 [...]
Filed under: Communications, Hi-Tech | Tagged: dov moran, gemini funds, genesis partners, handset, modu | No Comments »