India is continuing it’s take over of Israeli start-ups and technologies, and pretty soon the number of Israeli programers traveling to Bangalore will be greater the the number of ones heading to California.
About a month after the Indian communications start-up Tejas bought the Israeli Ethos Networks, Netania based start-up Olista has been bought by the Indian Connectiva. The sums involved in the deal were not revealed, but according to sources close to the deal it is a stock exchange deal rather than a monetary exit.
Olista was founded in 2003 by Eilon Tirosh and Oren Glanz, and was formerly known as Cognera. It specializes in analyzing the activities of cellular network client and was trying to find a way to improve its abilities and give the most appropriate commercial deals to each of its customers.
Translated by Itai Rosenbaum
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