Microsoft, Facebook on $380m shopping spree of Israeli startups


By Viva Sarah Press, Israel21c

Hot July sales in the Israeli startup arena as Microsoft, Facebook, and ironSource pay top dollar for blue-and-white technology.

Microsoft’s acquisition of Israeli cloud security company Adallom for a reported $320 million was the biggest of the July deals so far. Reports say that if the deal is completed at that price, it will be the American multinational technology company’s largest-ever acquisition in Israel.

Read more at Israel21C.