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Monday, August 8, 2011

E-business co Plimus sold for $115m - Globes

E-business co Plimus sold for $115m - Globes: "Israeli e-business company Plimus Inc. has been acquired by Boston-based private equity fund Great Hill Partners for $115 million, its first Israeli investment.
Two months ago, Plimus Israel CEO Eldad Ben Tora told 'Globes', 'We expect major financial events at the company.' He said that the focus was not on an exit, but behind the scenes there were talks with Great Hill Partners, which has a portfolio worth $2.5 billion, including several online payment and e-commerce companies."

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