Chromatis, the Israeli high-tech company purchased for a record $4.5 billion in a stock swap with Lucent just over a year ago, is closing its doors. The latest casualty of the high-tech bust, Chromatis informed workers that the company is closing its Petach Tikva office and laying off its 130 employees, including the company’s two founders.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.