Update: the deal is confirmed.
Looks like group buying giant has acquired UAE daily deals startup startup GoNabit that has presence in Dubai, Abu Dhabi, Lebanon, Jordan and Kuwait. and indonesian startup DealKeren.
The news comes from Indonesian tech startup blog Daily Social. according to the blog the logo on DealKeren’s website today ...
Intel Corporation made its first acquisition in the Arab world, today it announced through its standalone business entity Intel Mobile Communications, that it has acquired most of the assets of SySDSoft, a privately held software company based in Cairo and hired approximately 100 of the company’s electrical engineers and computer scientists. ...
For some it is a sad day, for others it is a new endeavor, today Indian conglomerate Bharti has officially closed its deal with Kuwait based Telecom operator Zain, with its acquisition of all Zain’s mobile operations in 15 countries across Africa for an valuation of USD10.7 billion. Zain’s African covered 15 countries with a total cust...
Since years Location based services (LBS) has been a hot topic that did not take off until recently. There were many attempts to tap into this market from brightkite to ArabCrunch demo 09 demoer wenear to Yahoo it self with fire eagle.
Many experts agree that location based and intention based advertising is the next big multi billion dollar ...
Update: The rumored price was for Maktoob Wslaat acquisition.
Launched last year, Mrrha which was founded by Mahmoud Elmasoudy and his brother from egypt right from there home, allows you to upload your files synchronously on the Internet and send (mirror) them to the most famous file uploading services, the site was acquired by the Emarati...
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