Risk Administration Co 3i-Thoughts Acquires US Co IJet – Globes
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15 May 11 16:12, Batya Feldman Tweet 3i-Mind Ltd.
has acquired iJet International Inc., a large and established US company for tens of millions of dollars. iJet provides clients with operational risk management solutions 3i-Mind chairman Mati Kochavi is also an owner and CEO of security solutions provider AGT International.
iJet will continue to operate as an independent unit and its CEO, Stephen Hoffman, will stay at his post. Hoffman said, ?Organizations around the world understand the need to identify emerging threats so they can move from reacting to proactively addressing them in the earliest stages of development.
3i-Mind has 150 employees at its R&D center in Kfar Netter, and has been profitable from the beginning. iJet was founded by former US intelligence officers. The company has over 500 government and business customers, including 30 Fortune 100 companies in manufacturing, pharmaceuticals, energy, defense, and financial industries.
Published by Globes online, Israel business news - www.globes-online.com - on May 15, 2011 ? Copyright of Globes Publisher Itonut (1983) Ltd. 2011 Save article Send to a friend Print article Digg it! dell.icio.us reddit Facebook stumbleupon Yahoo! Shai ShalevEMG made Maiman rich and shareholders poor The EMG shares that Yossi Maiman sold to Ampal and others at a $2.2 billion valuation are now worth next to nothing.
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Source: (Mati Kochavi) http://www.globes.co.il/serveen/globes/docview.asp?did=1000645387&fid=1725
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