Google Israel CEO optimistic about future

Feb 27, 2006

Google Israel will not wither away after initial excitement like Yahoo! did upon arriving here, Google Israel CEO Meir Brand said in an interview.

"We'll be here, for sure, in five years," Brand told the Israeli business newspaper Globes. "I met (Google owners and co-founders) Sergey Brin and Larry Page, and I know that they're serious about business in Israel.

"It's an open secret that Google's owners are very interested in Israel," Brand told the newspaper. "They have widespread ties with a great many people (here)."

Brand deflected comparisons to Internet giant Yahoo!, which arrived here with fanfare and promises of a Hebrew-language portal. When the dot-com bubble burst, so did Yahoo! Israel's. The company fired its employees here and pared down operations severely, the newspaper said.

Declining to predict how many Israelis the company would employ in two years, Brand told the story of meeting his counterpart in Great Britain. He said she started by herself about four years ago, as he is starting now, and now manages 120 employees, the newspaper said.

Brand also declined to reveal Google's earnings target for the coming year.

He said the company plans to make Israel on par with countries like the United States and the United Kingdom, where revenue from search engine advertising is 50 percent of the total online ad revenue. Israeli search engines currently generate 15 percent of the total.

Copyright 2006 by United Press International

Explore further: Estonian man faces cyber scam charges in US

add to favorites email to friend print save as pdf

Related Stories

A Printer that Delivers 1,000 Pages a Minute?

Sep 21, 2006

Two researchers from The College of Judea and Samaria in Israel have designed an ink-jet printer head that could lead to printers capable of chugging out 1,000 pages per minute – or even more.

Israeli mobile markets with music

Mar 28, 2006

All I ever wanted ... all I ever needed is here ... in my cell phone? That's what marketing executives at Israeli mobile operator Pelephone are hoping their customers will sing when offered the chance to see a Depeche Mode ...

Recommended for you

Estonian man faces cyber scam charges in US

29 minutes ago

An Estonian man accused of being part of a ring that swindled advertisers out of millions of dollars by "hijacking" online traffic was hauled before a US judge.

Apple Pay fails to unify fragmented market

38 minutes ago

Apple Pay, meant to inject momentum into a fragmented market for the emerging mobile payments sector, has instead highlighted the squabbles between retailers and the banking and payments industry.

Drivebot aims to touch driver bases for safety, savings

18 hours ago

Five Thailand-based engineers have developed a dongle device that serves as a fitness tracker for cars and have turned to Indiegogo to raise funds for bringing it forward. The attraction is that it is a simple ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.