Invest in Israel Newsletter – June 2012 Edition
VC Cafe
JULY 2, 2012
This is Facebook’s second acquisition in Israel, following the acquisition of Snaptu for $70m in March 2011. Global sales in 2011 were $2.76 Most of the products developed and manufactured in Israel are shipped to the United States and Europe. SHUTTERFLY ACQUIRES ISRAELI PHOTO SOFTWARE COMPANY PHOTOCCINO.
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