Conduit Shuts Down Browser Division

December 4, 2014 | Conduit, the Israeli Internet company infamous for its website-based toolbars, will close down its U division responsible for the development of an Internet browser similar to Google’s ‘Chrome.’ Conduit will shut down the division after two years, and the employees in the division will either be redistributed in the company, or let go. Reportedly, the company will shift its focus to its Como division, developing a platform for the swift and easy creation of mobile applications. Just last October, Conduit closed its Wibiya division that developed website-based toolbars, which was acquired in 2011 $45 million. Conduit was founded 2005 by Ronen Shilo, Dror Erez and Gabi Bilcyzk.