01.04.2011 26.Adar ll, 5771
Start-Up:
Israeli startup Conduit with more users than Twitter negotiating billion-dollar exit
The company has 230 million users of its products, half the number of Facebook users, and more than LinkedIn and Twitter; if the deal comes off, it would be the biggest sale of an Internet firm in Israeli history.
Israeli startup Conduit is on the verge of a huge exit: It is negotiating a sale estimated at over a billion dollars. Among the potential buyers mentioned are such giants as Microsoft and Google.
Conduit, considered one of the most promising high tech companies in Israel, was founded in 2005 and creates platforms for browser toolbars and applications. If the deal comes off, it would be the biggest sale of an Internet firm in Israeli history….