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Signet Jewelers to Buy Israel's R2Net for $328 Million


(Ha'aretz) Eliran Rubin and Ruti Levy - Signet Jewelers, the world's largest retailer of diamond jewelry, said on Thursday it will acquire R2Net - a U.S.-Israeli online jewelry retailer that operates under the name JamesAllen.com - for $328 million. The transaction includes Segoma Imaging Technologies, an R2Net subsidiary that provides proprietary technology to create 360-degree, high-definition images of diamonds that facilitate online sales.
2017-08-25 00:00:00
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