Kudos to Israel Newsletter’s Aaron Katsman who appeared in a lead article on Verint (VRNT.PK) on TheStreet.com yesterday. Two years ago, when Katsman added it to his portfolio, he thought “it was a strong growth company in what was perceived as an up-and-coming niche.”
LivePerson (LPSN) buying Israeli social networking and Web 2.0 firm, Kasamba, in a combined cash/stock deal valued at $40MM. See the Globes story. LivePerson said that the acquisition of Kasamba, combined with the recently announced launch of LivePersonalShoppers.com, will accelerate its expansion into the direct-to-consumer market.
Robert De Niro and Africa-Israel Investments’ (AFIVY.PK) Lev Leviev in talks to develop a luxury hotel in New York City’s Clock Tower. Africa-Israel closed its $200MM purchase of the historic hotel last Wednesday.
Sky Israel Private equity fund, run by Zvi Yochman and Nir Dagan, is selling their 11.6% stake in Internet Service Provider, Netvision. IDB Holding, Netvision’s controlling shareholder, is buying the stake and will own 35% of Netvision after the sale.












