A new joint Israeli-Korean investment fund established to promote advanced medical and biological technology was officially launched on March 15th by Minister of Science and Technology Professor Daniel Hershkowitz along with senior South Korean government officials. Together with several Israeli and foreign investment firms, the fund was launched with initial commitments of NIS 125 million […]
Author: Jeremy Ungar
Blue i Water Technologies, a Tel Aviv-based water-monitoring technology firm, is currently in the process of installing 140 of its quality-inspection devices in Barcelona and 40 more in other areas of Spain. The company’s newest device, called the Low Energy Analyzer (LEA), is a “smart box” that is installed in water pipes underneath Spanish streets […]
Covidien plc (NYSE: COV) will acquire Israel-based bronchial tubes endoscope maker superDimension Ltd. for about $300 million, the company announced in March. Ireland based-Covidien has annual sales of $30 million. SuperDimension’s i-Logic System uses Electromagnetic Navigation Bronchoscopy to provide minimally invasive access to lesions in the lungs and is mostly used to diagnose lung cancer.
US chipmaker Broadcom recently announced the purchase of Israeli processors developer BroadLight for $230m. BroadLight produced semiconductors and software for fiber-to-the-premises broadband access networks. This is Broadcom’s tenth acquisition in Israel, including Provigent, which it bought last year for $313 million.
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CISCO BUYS NDS FOR $5B
NDS, founded in 1988 by scientists from the Weizmann Institute, and which operates a large R&D center in Jerusalem, is being bought by information technology giant Cisco for $5b. NDS, with world headquarters in Stains, UK, specializes in the development of interactive systems for secure delivery of entertainment and information to digital TVs, digital set-top […]
The new Effendi Hotel in the ancient city of Acre has opened its doors to locals and tourists looking for a unique experience on the Mediterranean coast. The one of a kind boutique hotel was the brainchild of a local chef Uri Yarmias, who envisaged a calm artistic cultural oasis located amongst the hustle and […]
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JOVELLA 2012
Israel’s 9th international jewelry and diamond exhibition, to be held on July 3 – 4, 2012 in Tel Aviv and has officially opened registration to both domestic and foreign exhibitors and visitors. JOVELLA is the leading event of the jewelry industry in Israel. It offers both domestic and foreign visitors an opportunity […]
Thousands of pilgrims and locals are expected to converge on the Church of the Holy Sepulcher for the annual Holy Fire ceremony, which will take place this year on Saturday 14th April. Some 125,000 pilgrims and visitors are expected to visit Israel from around the world to celebrate Easter, including pilgrims from the Catholic and […]
As reported in Israel21c: Last year, about 44,000 Americans were diagnosed with pancreatic cancer, a notoriously resistant cancer to treat and the fourth most common cause of cancer-related death for men and women. The prognosis for these patients could improve drastically if a compound developed by Israel’s Tiltan Pharma continues to succeed in clinical trials. […]
