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Invest in Israel Newsletter March 2010 Edition

VC Cafe

The Israeli Cabinet approved Finance Minister Yuval Steinitz’s proposal to continue with the biennial state budget model in 2011-2012. Billing software company Amdocs has acquired mobile payments and messaging firm MX Telecom for $104 million in cash. ISRAELI CABINET APPROVES 2-YEAR MODEL FOR BUDGET 2011-2012.

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