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Internet Gold Acquires 50% of TIPO, Israel's Leading Children's Portal.

Publication: PR Newswire
Publication Date: 23-AUG-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
PETACH TIKVA, Israel, August 23 /PRNewswire-FirstCall/ -- Internet Gold today announced that Goldmind, Internet Gold's subsidiary, has acquired a 50% interest of Hype Active Media Ltd ordinary shares ("Hype") and 50.1% of Hype's management shares. Hype is the owner and operator of TIPO (tipo.co.il), Israel's leading children's portal. In July 2005, TIPO achieved approximately 30 million page views, making it Israel's highest rated portal targeting children aged 8-15. Hype's founders will continue to hold the remaining of Hype's shares, and to take an active role in its operations. Mr. Eli Holtzman, CEO of Internet...

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