“AOL buys online advertising company Quigo”

quigo

Quigo, a company which DomainSpa’s Igal Lichtman was an angel investor, signed an acquisition agreement with AOL.

Via Globes.CO.IL:

After several reports about negotiations, AOL announced today that it had signed an agreement for the acquisition of Israeli online advertising company Quigo. AOL’s announcement did not disclose financial details of the deal, but sources close to the company told “Globes” that the price tag would apparently be $350 million.

The announcement came after reports in the US press and media of negotiations between the two companies.

To those who don’t know Igal, be sure to read DNJournal March 2003 cover story.

Congratulations to Igal and family. Job well done!

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