Seasoned entrepreneur with over 20 years of extensive business and technical experience in the Mobile, Video and Internet markets. Co-founder and CTO of Mobixell Networks (acq. by FlashNetworks) and previously of Optibase (Nasdaq:OBAS). Bsc. in electrical engineering, Technion Israel, 8 patents.
Mobixell develops mobile data management, network optimization, and rich media delivery solutions.
Mobixell Networks Ltd. has been acquired by Israeli-US mobile Internet optimization and monetization solutions provider Flash Networks Inc. The companies did not disclose the size of the deal, but sources estimate it at $10-20 million. The deal will be closed by the end of January.
SYT Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held