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Justness & Stocks VwtoA nt 7- PDT I [Business . -L Israeli software companies lOpmion I Living & QpftiiiQ attention

By Larry Kaplow Classifieds & Services Jobs: Talent Scout —Ii i .Homes: Homem JERUSALEM — With recent software deals pouring -ars: CarHunter hundreds ofmillions ofdollars into Israeli companies, the I Entertainment: —i i new celebrities here are no longer army generals or ellowPages I Mercury News Classifieds I lArchives: NewsLibrary In June, America Online announced that it bought - I News agent: NewsHound based Mirabilis Ltd. for $287 million in cash and up to another $120 million based on future growth. The two-year- Related Features old invented Internet chat service with lated Features I [Business Home

rßiicinticc T r\A-3\7 i lousiness louay Ninety percent ofthe money goes to its four twenty- TV-Vl W.TV-- somethin.? founders — two ofwhom nevermade it through [-■Apple Watch I [Asia TechUpdate I Breaking News But, Mirabilis was topped — in dollars ifnot in cult fame — Computing last week when the more conventional software company, _T_.tt.no- AhpaH Computing Memco, was bought for $412 million in stock by Illinois- m~+; T.-..1 at..".... f—

Ugmsv securing lniormation siorea on internet servers. I IHomeHunter The two deals the Israeli software I lintel Watch highlight growing — Watch —i i acquisition targets or niche providers. I [Money tree Valley 15 Dsilicon More than 300 Israeli software firms had about $1.2 billion .-.Mortgage Watch Motley Fool year.

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"The starting point for everyone is more or less equal," said Yoav Shaham, vice president of marketing for Israel's

Formula, a conglomerate of about 30 software companies, makes products sold around the world for controlling airport lighting systems, converting European businesses to the new

It is one ofthe few Israeli software companies that has reached a substantial size, and is making a globalimpact. It

But, tiny Mirabilis (Latin for "Marvelous") has captured the most attention lately. Though they have refused most the T-shirted. borderline-scruffy. founders made

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They convinced Yossi Vardi, venture capitalist andfather of co-founder Arik Vardi, to invest in the plan. The company

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Vardi said the founders are working nights now trying to improve their product in defense against plans by Microsoft to hatch another instant chat service.

The key to Mirabilis' ICQ is that it automatically tells users if any oftheir friends are also on the Internet, allowing for

Vardi calls the stand against Microsoft a "David and fr<_li£_tl_" hattlp nr\A it'c familiar rnlp fnr Teraplie

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