Peres is reportedly negotiating with the current Apple franchisee Yeda Computers to buy the franchise for several million dollars.
Nehemia (Chemi) Peres is likely to get the Israel marketing franchise for Apple Inc. (Nasdaq:AAPL) products within a few months, predict sources in the communications and computing market. There have been reports that Peres would import Apple’s new iPhone cellular device, but it now seems that he will be the exclusive franchisee for all Apple products.
Apple makes desktop and laptop computers, the iPod video music player, operating systems, software, cellular devices, and other products. Yeda Computers and Software (Israel 1982) Ltd. currently has the Apple marketing franchise in Israel. Peres is reportedly negotiating with Yeda managing director Yitzhak Radoshkewitz to buy the franchise for several million dollars.
Chemi Peres is the son of President Shimon Peres. He is a co-founder of Pitango Venture Capital, Israel’s largest venture capital fund, according to IVC Online.
Published by Globes [online], Israel business news - www.globes.co.il - on July 30, 2007
© Copyright of Globes Publisher Itonut (1983) Ltd. 2007