The information technology company Infinity IT announced late last week that it has completed the purchase of the IT start-up I-Team. As part of the agreement, the CEO of I-Team, Hezi Halutz, will become a director at Infinity IT.
Infinity CEO Shlomi Levi said that the purchase of I-Team will allow Infinity, which Levi expects to increase its earnings five fold by the end of 2008, to reach out to new and potentially lucrative customers.
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