February 4, 2015 | MTS, a global provider of telecommunications services and solutions, announced that it will acquire Israeli company Vexigo for up to $20 million. Vexigo specializes in video advertising and, as part of the deal, will become a subsidiary of MTS. The acquisition is expected to be completed by April 2015. Vexigo was founded in 2010 by CEO Koby Ram and VP of R&D Amit Reshef.
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