(photo credit: Courtesy)
Israeli-founded video and chat company Viber is negotiations for a buyout for $300 million to $400m. with a major Asian texting company, Calcalist reported on Tuesday.
Viber CEO Talmon Marco denied the report, telling Globes, “I am unaware of any such talks, and I have no idea where the media found this.”
Globes reported, however, that Viber had sought a buyer through Goldman Sachs for $500m. to $600m.
The company, which is officially registered in Cyprus but was founded by Israelis and maintains a development center here, boasts 200 million users who use the program to make calls and send texts to other users using data or WiFi.
Because it is registered abroad, Israel would not receive tax revenues from its sale.
For people with limited minutes and text messages on their mobile plans, that can be a major saver.
The company recently unveiled desktop versions of its application to connect computers to mobile phones as well.