Internet Gold Acquires 51% of Israeli-Arab Portal Yahala
By Rafat Ali - Wed 22 Mar 2006 07:05 AM PST
Israeli Internet holding company Internet Gold has made another acquisition: it has bought a 51 percent stake in Yahala, one of Israel’s largest Arab-language portals.
The site is aimed at Israel’s Arab-speaking sector, a segment that accounts for approximately 20% of Israel’s population or 1.5 million individuals, the company says.
Internet Gold also operated MSN-Israel, its 50.1% owned joint-venture with Microsoft…
