Yahoo joins Google and Microsoft in Israel

By Michal Lev-Ram

Yahoo said Tuesday that it is opening a new R&D lab in Haifa, Israel. Its new digs will be located in the same high-tech park where both Microsoft (MSFT) and Google’s (GOOG) Israeli research and development operations are located.

Yahoo (YHOO) has recently increased its business activities in Israel, inking a strategic deal with Israeli portal Walla and buying up a local online music startup called FoxyTunes last month. But the real motivation for opening a lab — its first in the region — is to use the country’s technological know-how to explore and develop new search and advertising technologies.

“The Yahoo Research Israel Lab, which opens today, will focus on boiling down complex technology problems into simple solutions to change the game in web search,” Yahoo said in a statement Tuesday.

The company opened another research lab in Bangalore, India, earlier this month.

Back to main column

Filed under Google, Yahoo, microsoft

1 Comments | Add a Comment | Email

Digg

Facebook

This is awesome!

Posted By NY : March 14, 2008 12:09 pm

CNNMoney.com Comment Policy: CNNMoney.com encourages you to add a comment to this discussion. You may not post any unlawful, threatening, libelous, defamatory, obscene, pornographic or other material that would violate the law. Please note that CNNMoney.com may edit comments for clarity or to keep out questionable or off-topic material. All comments should be relevant to the post and remain respectful of other authors and commenters. By submitting your comment, you hereby give CNNMoney.com the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying information via all forms of media now known or hereafter devised, worldwide, in perpetuity. CNNMoney.com Privacy Statement.