Invest in Israel Newsletter – June 2012 Edition
VC Cafe
JULY 2, 2012
Facebook’s acquisition of Face.com will enable the social network to embed face recognition software into its photo app. SHUTTERFLY ACQUIRES ISRAELI PHOTO SOFTWARE COMPANY PHOTOCCINO. Britain’s Apax Partners in cooperation with Baltimore, Maryland’s JMI Equity has purchased the US-Israeli software company Paradigm for $1 billion.
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