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INVESTMENT IN AN AFFILIATED COMPANY
12 Months Ended
Dec. 31, 2012
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments Disclosure [Text Block]
NOTE 5:- INVESTMENT IN AN AFFILIATED COMPANY

 

As of December 31, 2011 and 2012, the Company owned 26.6% and 26.4%, respectively, of MailVision's outstanding share capital.

 

    December 31,  
    2011     2012  
             
Invested in equity   $ 1,655     $ 1,655  
Convertible and non-convertible loans     211       398  
Accumulated net loss     (615 )     (969 )
                 
Total investment   $ 1,251     $ 1,084  

 

Balances and transactions with MailVision were as follows:

 

a. Balances:

 

    December 31,  
    2011     2012  
             
Other receivables and prepaid expenses   $ 116     $ -  
Other payables and accrued expenses   $ -     $ 492  

 

b. Transactions:

 

    Year ended 
December 31,
 
    2011     2012     2012  
                   
Amounts charged - cost of revenues   $ 417     $ 2,164     $ 1,414  

 

As described in Note 19, in April 2013, the Company entered into an asset purchase agreement with MailVision.