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Mercado Israel: More Trouble

October 6, 2008

Israel’s The Marker IT Computer World here ran a story that Mrku (Mercado) sent 88 workers home. I haven’t been able to verify this story, but I wanted to post the link to it in Hebrew here. Investors, it seems, would not pony up more cash. Stay tuned.

Stephen Arnold, October 6, 2008

Written by Stephen E. Arnold · Filed Under Business strategy, Online (general), Search 

Comments

3 Responses to “Mercado Israel: More Trouble”

  1. Joe Grece on October 6th, 2008 6:54 am

    Here’s an English translation of the Hebrew article:
    http://translate.google.com/translate?u=http%3A%2F%2Fit.themarker.com%2Ftmit%2Farticle%2F4595&hl=en&ie=UTF-8&sl=iw&tl=en

  2. Stephen E. Arnold on October 6th, 2008 8:06 am

    Joe Grece

    Thanks for the link. I assumed my two or three readers were able to read Hebrew. I have a lone goose’s view of the world. Post here any time.

    Stephen Arnold, October 6, 2008

  3. Omniture to buy Mercado : SLI Systems Blog on October 15th, 2008 10:33 pm

    […] end of the year. In the meantime Mercado’s customers are in limbo from a support point of view. Most of the technical staff in Israel have been laid off, as have most of their US staff (we have talked to many of them) and the Omniture deal hasn’t […]

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