Wednesday, September 27, 2006

Microsoft Buys Israeli

Microsoft today announced an agreement to acquire Gteko Ltd., a leader in delivering simple solutions to a wide range of PC problems. The acquisition will bolster Microsoft's ongoing efforts to help customers and partners more seamlessly solve PC problems.

http://www.gteko.com/

"By the end of the decade, Microsoft will significantly expand its operations in the consumer sector, to which end advanced support solutions are required. Gteko's leadership in providing simple solutions to a wide range of PC problems made this a particularly attractive opportunity for Microsoft," said Moshe Lichtman, President of MS Israel R&D Center. "Joining forces with Gteko is yet another building block in the expansion of our technological operations in Israel and it will help enhance our efforts to work together with other elements in the industry to help provide a superior PC experience for our customers."

Gteko, founded in 1992, is headquartered in Ra'anana, Israel with offices in New York and Tokyo. Their most recent round of funding included investments from Pitango and Intel Capital, among others. The company's solutions help PC and peripherals manufacturers, Internet service providers and software vendors with large technical support centers to improve service quality and end-user satisfaction while also substantially reducing call-center costs.

"Our companies have many complementary strengths and a closely aligned vision for delivering leading PC problem-solving solutions to customers directly and with our partners," said Dr. Joshua Glazer, chief executive officer of Gteko. "Together, Microsoft and Gteko have exceptionally deep technology expertise to offer this market."

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