Google To Acquire a Second Israeli Start-Up

By JTA

Published September 13, 2010.
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Jerusalem — Google reportedly will acquire a second Israeli start-up company.

The Israeli business daily Globes reported Monday that Google is paying “several million dollars” to purchase Quiksee, also known as MentorWave Technologies. Other reports put the purchase price at $10 million, though neither Google nor Quiksee has responded to the reports.

The company’s software reportedly enhanced Google’s Street View feature by turning the video clip of a location uploaded to Google Maps into a virtual tour and an interactive experience, according to Globes.

The Or Yehuda-based Quiksee was founded in 2002.

Google bought the Israeli start-up LabPixies in April for about $25 million.


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