As reported in Globes: The buyer is Japanese Internet services company Rakuten. Japanese company Rakuten has bought messaging app Viber for $900 million. Rakuten, which announced the acquisition this morning, is one of the world’s leading Internet services companies. Viber offers offers free calls and text messages from a mobile phone. It has 300 million […]
LabStyle Innovation Signs Agreement with uHealth to Exclusively Distribute the Dario™ Blood Glucose Monitoring Device in Australia LabStyle Innovations Corp., developer of the Dario™ Diabetes Management Platform, announced today that the company has signed an agreement with uHealth Australia Pty Limited (uHealth), a leading distributor of digital health and surgical innovations, to exclusively distribute in […]
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As reported in the Jerusalem Post: US security contracting giant says new relationship “fosters applied research, continued growth in Israel’s technology sector.” American security contracting giant Lockheed Martin on Sunday announced it and EMC will invest in “advanced technology projects” in the fields of cloud computing, data analytics and related cyber technologies in Beersheba’s technology […]
As reported in the The Times of Israel: A UK-Israel scientific effort seeks to make new discoveries in stem cell therapy, molecular medicine, and other areas. Regenerative medicine technology will, over the coming years, make a major difference in the lives of millions of people around the world, says a group of British and Israeli […]
As reported in Globes: The acquisition will turn the intelligence solutions provider into a company with a $1 billion annual turnover. Verint Systems Inc. today announced a major strategic move, which will turn it into a company with a $1 billion annual turnover: it has acquired Kana Software Inc. for $514 million in cash. The […]
As reported in Reuters – Israeli chipmaker TowerJazz will create a joint venture with Panasonic Corp to manufacture Panasonic’s chips for cars and digital products, a move expected to boost TowerJazz’s revenue by 65 percent. Panasonic will transfer its three semiconductor factories in Japan to the joint venture, which will be held 51 percent by […]
As reported in Jerusalem Post: Israel on Thursday made a rare official appearance at a G8 forum, a group representing the world’s eight largest economies, as the leaders of an Israeli social finance group presented an innovative blueprint for tackling type-2 diabetes to the G8 Taskforce on Social Impact Investment. The group, Social Finance Israel, […]
As reported in The Guardian: Deal points to functions in upcoming hardware as sensor could be used to detect gestures, faces or internal geography. Apple has bought PrimeSense, an Israeli company which provided 3D sensors for the first generation Microsoft Kinect, according to reports in Israel. PrimeSense’s systems generate a three-dimensional representation of the space […]
Around the world, some 25 to 30 per cent of global water supply worth $14 billion is wasted in the water distribution process. Setting out to solve this problem, one Israeli firm, TaKaDu, created a software solution that analyses complex raw data from utilities to detect issues such as leaks, bursts and pressure issues earlier, resulting […]
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