Sources said IBM is not ruling out additional investments in technology companies this year. Israeli companies with IBM cooperation agreements include Retalix (Nasdaq: RTLX), Satsmart.tv, Regisoft, SintecMedia, and Cash-U Mobile Technologies.
The agreements were signed through IBM's Global Technology Unit (GTU), which has been active in Israel for several months. GTU finds start-ups operating in technology fields synergetic with IBM's activities.
IBM (NYSE:IBM) recently signed cooperation agreements with 19 Israeli technology companies and start-ups. The agreements aim to assist the marketing of the companies' products and solutions overseas, present them to IBM's customers worldwide and integrate them in IBM's solutions.