Industry: Telecommunication solutions

Date of Investment:   April 2006

Company Description:
Barak was founded as a private company in 1995 by Sprint, Deutsche Telekom, France Telecom, Clalcom and Matav. Barak provides its customers with advanced communications solutions in three main fields of operation - international calls, Internet, and data services. SKY led the company into a merger with Netvision Ltd., one of Israel’s leading Internet services providers, which created a company with revenues of over NIS 1 billion.