Israel’s first billion-dollar Internet company

Israel’s Conduit Holdings was formally valued at $1.4 billion following JP Morgan’s purchase of a $100 million stake. Conduit made $200 million profit in 2011 thanks to revenue from its toolbars, used by 250 million users on 200,000 websites.
http://www.jewishpress.com/news/breaking-news/with-jp-morgan-purchase-conduit-becomes-israels-first-billion-dollar-internet-company/2012/04/10/

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