The agreement between the two firms ends at the end of 2009, and the dramatic decision made the rounds of the Israeli IT community over the weekend.
The local high-tech industry is one of the biggest success stories in Israel's 60 years of existence.
Have the erosion of the dollar, the global influence of recession and pessimistic mood on the markets begun to take their toll on the high-tech engine?
Layoffs in the high-tech industry are continuing, with downsizing at Polycom Israel.
Expert: One of the hackers is able to read Hebrew, follows the Israeli media reports on the cyber-attack.
What will housing and property prices do this year? Is it a good time to buy, or sell?
Investors, employees and the founders will all share nicely in the proceeds.
Beware: Online attempts to defraud you are getting more sophisticated.