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Facebook Acquires Israel’s Snaptu For an Estimated $60-70 Million

VC Cafe

MARCH 20, 2011

Facebook surprised with its first acquisition in Israel today (and its second acquisition outside of the US), with the announcement that it is buying Israeli startup Snaptu (previously known as Moblica) for an estimated $60-70 million. The acquisition is supposed to close in a few weeks.

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Invest in Israel Newsletter January 2012

VC Cafe

JANUARY 3, 2012

FLASH COMPANY ANOBIT TO BE APPLE’S FIRST ISRAELI ACQUISITION. Following the acquisition, Akamai will set up a research and development center in Israel. based in Lima, Peru, owns power stations producing 3,000 megawatts in seven countries: Peru, Bolivia, Chile, Panama, El Salvador, Jamaica, and the Dominican Republic.

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