Israeli business newspaper, Globes has reported that Google acquired Israeli app publisher LabPixies. The purchase, which is estimated to be at $25 million, is Google's first in Israel. LabPixies will be integrated into Google's R&D office in Tel Aviv which focuses on web and mobile development, such as YouTube Annotations and Google Trends, and will focus on iGoogle efforts in the Europe, Africa and the Middle East. The acquisition is expected to also help Android app efforts.
Created by lild184 on Apr 28, 2010
Last updated: 04/28/10 at 04:56 AM
Tags: Google Labpixies iGoogle
Google makes its first acquisition in Israel with the purchase of widget maker, LabPixies. The deal is estimated at up to $25 million.
iGoogle releases 19 social widgets developed in-house and from third-parties, including LabPixies's Flood-It! (popular app on the iPhone), To-Do and Trivia.
LabPixies raises $1 million from angel investors in Israel.
New office focuses on web and mobile application R&D.
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Google goes public.
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