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Tag: Purchase

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  • Google-Waze deal investigated by FTC

    June 24, 2013 | 10:33 am

    The Federal Trade Commisssion is examining Google’s $1 billion deal to purchase the Israeli navigation start-up Waze to see if the purchase violated any antitrust laws.

    After the deal between Google and Waze was finalized June 11, Google believed it didn’t need to submit the deal...

  • Billion-dollar Waze

    June 19, 2013 | 10:57 am

    UPDATE [7/29/13]: Google bought Waze for $966 million.

    Just a couple of years ago, the Israeli entrepreneurs behind the traffic-fighting smartphone app Waze were knocking down the door of every news outlet in Los Angeles. They were seeking publicity to help forge their way into...

  • New Doheny Meats owner explains his purchase of scandal-ridden store

    By Jonah Lowenfeld

    April 3, 2013 | 3:49 pm

    Shlomo Rechnitz, a prominent local businessman and philanthropist, has purchased Doheny Glatt Kosher Meat Market, the scandal-plagued kosher meat retailer and distributor.

    Rechnitz, who co-founded TwinMed, a large medical supply firm, and owns a number of other businesses,...

  • Israeli start-up XtremIO acquired for $430 million

    May 14, 2012 | 4:55 pm

    EMC Corp. acquired the Israeli storage systems start-up company XtremIO for more than $430 million.

    The sale completed last week is EMC’s sixth and largest acquisition in Israel. Senior executives from EMC had been in Israel in recent months holding acquisition talks with XtremIO,...

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  • Web site launched to counter calls to boycott Israeli goods

    May 14, 2012 | 10:42 am

    Israeli businessmen have launched a Web site to help counter calls to boycott products made in Israel.

    The campaign, called Shop-A-Fada—a play on the word of the violent Palestinian uprising, the intifada, was launched Monday. It encourages the public to counter anti-Israel boycotts...

  • Tentative Deal to Save Valley Cities JCC

    By Marc Ballon

    June 30, 2005 | 8:00 pm

    The Valley Cities Jewish Community Center received a new lease on life this week when its parent organization agreed in principle to sell the center property to a local partnership that will keep the JCC going. Without the agreement, the center could have shut down at the end of...