Intel Buys Israeli Tech Company For $350 MM

[JStone]

Intel Reaches Deal to Acquire Israeli Navigation Software Maker

The chip maker Intel has agreed to acquire Telmap, a maker of mobile navigation software based in Israel, Telmap’s chief executive said on Sunday.

Details of the deal were not disclosed, but Israeli media said Intel was paying $300 million to $350 million.

Telmap, which offers location-based services to provide details on traffic data and local offerings, expects to post revenue of $33 million in 2011 and be profitable for the second consecutive year.

Telmap will become a wholly owned subsidiary of Intel, which has two plants and four development centers in Israel, and will retain its brand, management and 210 employees.

“The unique thing about this transaction is that here comes a giant and says, ‘We really like what you’re doing, we believe in your strategy, we want to enhance and go forward. We’re not here to swallow you up"

Teaming up with Intel will enable Telmap to provide a “true alternative” to offerings from giants such as Nokia and Google, Mr. Nissim said

Peter Riddle, general manager of Intel’s AppUp developer program, said in a blog post that the deal was a step toward expanding Intel’s capabilities in mobile software services.

“Telmap delivers great multiplatform consumer experiences every day, and we’re looking forward to combining that focus and excellence with Intel’s to significantly grow their business,” he wrote.
http://www.nytimes.com/2011/10/03/t...eal-to-acquire-navigation-software-maker.html

 

[Jos]

Megaphone desktop tool - Wikipedia, the free encyclopedia

 

[JStone]

Megaphone desktop tool - Wikipedia, the free encyclopedia :clp2:

Puta, how is your shithole spain doing?

9 Reasons Why Spain Is A Dead Economy Walking

Barring an economic bailout of mammoth proportions, the economy of Spain is completely and totally doomed. The socialist government of Spain is drowning in debt, unemployment is running rampant and everywhere you turn there are major economic problems. So will Spain be the next Greece? No. When the economy of Spain implodes it is going to be a whole lot worse...
9 Reasons Why Spain Is A Dead Economy Walking

Ay, Dios mio, puta. Not so well, after all.

Spain’s Credit Rating Cut by S&P on Weaker Growth Outlook

Spain’s credit rating was cut for the third time in three years by Standard & Poor’s as slowing growth and rising defaults threaten banks and undermine efforts to contain Europe’s sovereign-debt crisis.
Spain’s Credit Rating Cut by S&P on Weaker Growth Outlook - Businessweek

Ay Dios mio, puta...

Spain's Economy Records Zero Growth
BBC News - Spain's economy records zero growth

Puta, maybe, go to a bullfight in your backward shithole spain....


[ame=http://www.youtube.com/watch?v=VWAIjYs9Lws]Spain Rampage: Raging bull charges into crowd injuring 40 at bullfight - YouTube[/ame]

Ay, Dios mio, puta. That bullfight didn't work out so well, puta.

Puta, maybe, take a nice train ride...

:lol
[ame=http://www.youtube.com/watch?v=50CKRJUXjzc]Madrid Train Bombings - YouTube[/ame]

Ay, Dios mio, puta. That didn't work out well, either.

Puta, looks like your backward shithole spain is doomed!