9/27/2006

Microsoft buys Israeli start-up Gteko

Filed under: — By Aviran Mordo @ 10:26 am

U.S. software giant Microsoft Corp. (Nasdaq:MSFT - news) has bought Israeli start-up Gteko, a developer of technical support products, Israeli newspapers reported on Wednesday.

Although the value of the deal is not known, the Maariv newspaper said it estimated it at $90 million. The Yedioth Ahronoth paper said it was worth more than $100 million.

Source: Reuters

 

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