Google to purchase a second Israeli start-up
JERUSALEM — Google reportedly will acquire a second Israeli start-up company.
The Israeli business daily Globes reported Monday that Google is paying “several million dollars” to purchase Quiksee, also known as MentorWave Technologies. Other reports put the purchase price at $10 million, though neither Google nor Quiksee has responded to the reports.
The company’s software reportedly enhanced Google’s Street View feature by turning the video clip of a location uploaded to Google Maps into a virtual tour and an interactive experience, according to Globes.
The Or Yehuda-based Quiksee was founded in 2002.
Google bought the Israeli start-up LabPixies in April for about $25 million.