GlassHouse buys MBI Group

The merger was expected to result in a substantial increase in the work force of the combined business, which currently employs around 200 workers.

By LAURA RHEINHEIMER
February 8, 2007 07:13
1 minute read.

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

GlassHouse Technologies announced Wednesday that it acquired Ra'anana-based IT consulting firm MBI Group and will now be the largest company in Israel to offer IT infrastructure consulting services. This is the first time an American company has purchased an Israeli service company, rather than a product company, according to Doron Rosenblum, CEO of GlassHouse Israel, the company formed through the merger of MBI's two Israeli subsidiaries, MBI and Integrity Systems. The merger was expected to result in a substantial increase in the work force of the combined business, which currently employs around 200 workers. "We plan to increase the number of employees," Rosenblum said, "and to expand our offerings of services to our customers in the field of IT infrastructure." The acquisition was made to increase GlassHouse Technologies' reach in European and Middle Eastern markets, said Framingham, Mass.-based GlassHouse's CEO Mark Shirman. "GlassHouse's strategy is to become a global company, and this was the next logical step after establishing our brand in the UK," Shirman said. MBI, founded in Israel 22 years ago by Michael Burstein, has expertise in storage, backup and data protection. Integrity Systems, founded in 1995, specializes in complex infrastructure solutions for hi-tech, communications and financial companies. GlassHouse Technologies' main methodology, Transom, is used to streamline IT infrastructure for companies, which have included Exxon Mobil, Bloomberg and Morgan Stanley.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection

By GLOBES, NIV ELIS