Internet Gold Buys Israeli Academic Portal Nirshamim

Israeli online media and marketing holding company Internet Gold has acquired the remaining 50% of academic portal Nirshamim Lelimudim. Having acquired an initial 50% ownership interest in March 2005, IG’s subsidiary smile.media is now the sole owner Nirshamim.
IG expectst Nirshamim’s 2006 revenues will be about NIS 5 million for the year, with an operating margin above 20%.

Comments have been disabled for this post