Gix Internet Ltd
GIX.TA
Tel Aviv Stock Exchange2,389.00
ILA
-70.00
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Gix Internet Ltd
GIX.TA
(Tel Aviv Stock Exchange)
Recent
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2,389.00
P/E
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Gix Internet Ltd provides digital content marketing and advertising platforms through its Search Sector and Digital Content Sector segments; the Search Sector develops, markets, and distributes search engine software to internet users worldwide, while the Digital Content Sector offers digital advertising services by editing and marketing content in various languages to generate revenues from embedded advertisements on content platforms. The company, founded in 1978 and headquartered in Herzliya Pituach, Israel, with additional offices in Ramat Gan, operates primarily in the online advertising technology industry, serving advertisers, publishers, and search engines across global markets with algorithmic tools for campaign automation, optimization, and monetization, including AI-based systems for user traffic and customized ad placements. Subsidiaries and affiliates such as Gix Media Ltd. and Cortex Media Group Ltd. (previously majority-owned and operational through ad search and content pillars until its sale to a Minute Media unit) support these activities, alongside a 42.58% stake in Viewbix Inc.; recent developments include a June 2024 non-binding memorandum of understanding with an AI autonomous robotics company for medical logistics to acquire it as a wholly-owned subsidiary via share exchange, granting the target's shareholders 30% of Gix's shares (expandable to 45% on milestones), aimed at expanding into AI and robotics growth opportunities, alongside expectations of double-digit revenue growth for the fiscal year ending June 2025 following a strategic refocus after divesting certain digital content assets.
Charging Robotics Signs Non-Binding Memorandum of Understanding with Deliverz AI to Develop Wireless Charging Systems for Autonomous Logistics Robots