News — 02 May 2011
Israeli startup negotiating billion-dollar exit

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.

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Eylem Culculoglu

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