Redwood City, California’s Shutterfly, a leading internet-based social expression and personal publishing service, has acquired Israel’s Photoccino, a developer of groundbreaking technologies for photo ranking, analysis and organization. Photoccino’s advanced image analysis and selection technologies will be integrated into products across the Shutterfly, Tiny Prints, Wedding Paper Divas, and Treat brands. Photoccino’s technology applies proprietary […]
Author: Jeremy Ungar
Daniel Hillel, an 81-year-old Israeli scientist, who has reached across political and ethnic boundaries to help dozens of countries in the Middle East, Africa, Asia and South America improve agriculture with new irrigation methods has been named to receive the World Food Prize. He is credited with developing drip irrigation methods that conserve water while […]
Britain’s Apax Partners in cooperation with Baltimore, Maryland’s JMI Equity has purchased the US-Israeli software company Paradigm for $1 billion. Paradigm, which employs 700 people, with its R&D centered in Israel, is estimated to have annual revenues of about $200 million, and claims 700 customers in 25 countries around the world, including France’s Total and […]
Facebook Inc. has acquired Israeli face recognition technology developer Face.com for $100 million. The two companies have collaborated for a long time, with Facebook using Face.com’s technology to help users tag the faces of friends in pictures they upload on the social network with Face.com’s Photo Tagger service. Facebook’s acquisition of Face.com will enable the […]
Stanley Black & Decker division of Stanley Healthcare Solutions has acquired Israel’s AeroScout Inc., a developer of real-time location systems for the healthcare and industrial market. Stanley intends to use the 200 employees of AeroScout to establish an R&D center in Israel built around the existing AeroScout framework. Stanley is headquartered in New Britain, Connecticut, […]
Four Israelis made the list of the 100 most influential women in high tech in Europe drawn up by the UK branch of Silicon Valley-based Girls in Tech, which seeks to promote women in high tech. Girls in Tech London picked the top women in 19 countries – the UK, Ireland, Spain, France, Germany, Italy, […]
Israelis love to invent things. Last year, the number of patents granted to Israeli companies in medical instrumentation put it first globally in relation to population size and fourth in terms of number of patents. In relation to its population, Israel consistently ranks tops in the world for bio-pharma and life sciences patents. So […]
The day after the declaration that Muslim Brotherhood candidate Mohamed Morsi is the winner of the presidential election in Egypt, many questions hang over the future of relations between Egypt and Israel, relating both to diplomacy and security, and to business. Frequent closures of the Nitzana Border Crossing to the flow of goods because of […]
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Consumers tighten belts
Supermarket sales in the three weeks after the Shavuot holiday were 0.9% less than in the corresponding weeks last year, reports Storenext. Dairy products sales were down 1.5%, beverages sales were down 1.4%, and personal care product sales were down 3.6%. “The period after Shavuot was terrible. It was very hard. June began very badly,” […]
SLQ becomes the first state library worldwide to adopt the Ex Libris nextgeneration library management service Adelaide, Australia—June 18, 2012. Ex Libris® Group, a world leader in the provision of library automation solutions, is pleased to welcome the State Library of Queensland to the Australia and New Zealand early-adopter program for the Alma library management […]
