Sign In

Search Press
Looking for press releases of a particular company? Enter company name (or keyword) here.


Microsoft to Acquire PC Support Technology and Services Provider Gteko
Agreement will help expand Microsoft focus on automated PC problem solving.

RA'ANANA, Israel - Sept. 26, 2006 - Microsoft today announced an agreement to acquire Gteko Ltd., a leader in delivering simple solutions to a wide range of PC problems. The acquisition will bolster Microsoft's ongoing efforts to help customers and partners more seamlessly solve PC problems.

'By the end of the decade, Microsoft will significantly expand its operations in the consumer sector, to which end advanced support solutions are required. Gteko's leadership in providing simple solutions to a wide range of PC problems made this a particularly attractive opportunity for Microsoft,' said Moshe Lichtman, President of MS Israel R&D Center. 'Joining forces with Gteko is yet another building block in the expansion of our technological operations in Israel and it will help enhance our efforts to work together with other elements in the industry to help provide a superior PC experience for our customers.'

Gteko, founded in 1992, is headquartered in Ra'anana, Israel with offices in New York and Tokyo. Their most recent round of funding included investments from Pitango and Intel Capital, among others. The company's solutions help PC and peripherals manufacturers, Internet service providers and software vendors with large technical support centers to improve service quality and end-user satisfaction while also substantially reducing call-center costs.

'Our companies have many complementary strengths and a closely aligned vision for delivering leading PC problem-solving solutions to customers directly and with our partners,' said Dr. Joshua Glazer, chief executive officer of Gteko. 'Together, Microsoft and Gteko have exceptionally deep technology expertise to offer this market.'

About Microsoft
Founded in 1975, Microsoft (Nasdaq 'MSFT') is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

Microsoft and Windows Live are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Publisher Contact Information:

Gteko Ltd.

Company profile of Gteko Ltd. (Acquired by Microsoft)
Past press releases of Gteko Ltd. (Acquired by Microsoft).


Tech investments
From our Online Data Service
VC-backed companies
From our Radar

Recent Deals

Nov 25€24.0MInternet commerce
Jan 10€20.0MBusiness applications
Jan 10€20.0MBiotechnology
Jan 10€13.5MArtificial Intelligence
Jan 9€4.0MSoftware development
Jan 9N/AInternet services
Jan 9€15.0MBusiness applications

For information on Europe's most extensive database on technology funding click here!


Press Releases

May 28
identiq raises $5m seed, launches privacy-first identity validation...

Apr 29
nethone raised over $1 million from innovation nest

Oct 1
The Link App
the link app launches version 2.0

Mar 29
Addex Therapeutics
addex sucessfully raises chf40 million in capital increase

Jan 2
Urban Jungle
urban jungle raises 1m in seed funding to build tech-enabled home ...

About usContact usLegal Information
Copyright 1999-2019
Emerging Technology Research Europe Inc. All rights reserved.