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Latest News Israel

Israel makes rare appearance at G8 forum with blueprint for tackling diabetes

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, […]

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Latest News Israel News

Apple ‘has bought Israel’s PrimeSense, maker of first-generation Kinect sensor’

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 […]

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Latest News Israel

Takadu named the recipient of the prestigious SUSTAINIA Award 2013

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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Latest News Israel News

Leviathan partners want Woodside to pay more

As reported in Globes.co.il: The reasons for a higher price are larger estimated natural gas reserves, greater chance of finding oil, and interest from Turkish buyers. Negotiations to sell 30% of Leviathan to Woodside Petroleum Ltd. for $1.25 billion will resume, following Monday’s High Court of Justice ruling on natural gas exports, industry sources believe. […]

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Latest News Israel News

Amdocs acquires Actix for $120m

As reported in Globes: The acquisition will expand Amdocs’s Customer Experience Systems portfolio with geo-located network data. Amdocs Ltd. has acquired mobile network optimization software provider Actix International Ltd. for $120 million in cash. The acquisition will expand Amdocs’s CES (Customer Experience Systems) portfolio with geo-located network data that will drive a variety of optimization […]

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Latest News Israel

IBM Aquires Israeli security company Trusteer for $1Bn

  As reported in  Reuters and Globes: IBM, the world’s biggest technology services company, said on Thursday it has agreed to buy Trusteer, a company that helps businesses fight computer viruses and fraud. A person familiar with the matter said IBM was paying close to $1 billion for Trusteer, making it the company’s second-largest acquisition […]

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Latest News Israel News

AOL acquires Israeli Company Adap.tv for $405m

As reported in Globes.co.il: The video ad platform developer has Israeli roots. It was founded by Amir Ashkenazi, and investors include Gemini Israel Ventures. AOL Inc. (NYSE: AOL) today announced the acquisition of video advertising platform Adap.tv Inc. for $405 million, including $322 million in cash and $83 million in AOL shares. Adap.tv will operate […]

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Latest News Israel News

Israel World Leader in Blindness Prevention

As reported in Ynet: Study shows rates of preventable blindness in Israel may have been slashed in half over past decade. A new study published in the American Journal of Ophthalmology notes that the rates of preventable blindness in Israel have drastically lowered over the past decade – by more than half to be exact, […]

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Latest News Israel News

Australian Company James Richardson to pay NIS 4b for duty-free shops

As reported in Globes: James Richardson won the tender to operate the duty free shops at Ben Gurion Airport for seven years. James Richardson Ltd. today won the Israel Airports Authority tender for the operation of duty-free shops at Ben Gurion Airport. Sources inform ”Globes” that the company won the tender with a bid of […]

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Latest News Israel

Israeli Startup Is Making Beer Smarter!

Israeli startup Weissbeerger Ltd. has embarked on the path taken by mobile phones, television, and cars, and plans making the beer tap smart. The company’s product enables bars and pubs to save money, boost beer revenue, and to better manage the supply chain. Weissbeerger is a unique startup that offers an alcohol monitoring system. Its […]