EBay Paying $169 Million Cash For Israeli Online Risk Tool Vendor

EBay's PayPal confirmed Monday that it is paying $169 million in cash to buy an Israeli online risk tool vendor.

The companies said that "key personnel" from Fraud Sciences Ltd.—including Yossi Barak, Fraud Sciences' COO, and founders Shvat Shaked and Saar Wilf—will join eBay while "Gadi Maier, Fraud Sciences' President and CEO, will provide strategic and operational support to the company during the integration period."

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