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Babies will benefit from Israel-Ohio medical

Ben-Gurion University and Cincinnati Children’s Hospital Medical Center are developing medical devices for pediatric patients. Sometimes the littlest patients get the short end of the stick. Medical devices used in hospitals are seldom available in pediatric versions, especially for tiny preemies. Healthcare workers must adapt devices as best they can, but often they must resort […]

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Latest News Israel News

Foreign Direct Investment in Israel Doubles

According to the UN World Investment Report, investment in Israel totaled $11.37 billion in 2011, 106% more than in 2010.  The UN Conference on Trade and Development (UNCTAD) World Investment Report 2012states that global foreign direct investment (FDI) rose 16% from $1.3 trillion in 2010 to $1.5 trillion in 2011. Global FDI was higher in […]

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Latest News Israel News

IBM Israel reinvents

An app developed at IBM Research in Haifa will bring all the personalized advantages of online shopping to the in-store experience. Bricks-and-mortar shopping across the globe is about to be transformed into a personalized experience, thanks to a first-of-a-kind app unveiled by Israel’s IBM Research earlier this week. Inside a store, consumers will download the […]

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Latest News Israel News

Israeli system stops leading hospital

Sepsis, a blood infection, causes more than 200,000 deaths in US hospitals every year. A non-invasive monitoring device from Israel is changing that. “Sepsis is a huge issue — one of the top killers, often as a complication of pneumonia or urinary tract infection and at times due to an infection acquired in the hospital,” […]

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Latest News Israel News

SHUTTERFLY ACQUIRES ISRAELI PHOTO SOFTWARE COMPANY PHOTOCCINO

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 […]

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Latest News Israel News

ISRAELI IRRIGATION EXPERT WINS WORLD FOOD PRIZE

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 […]

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Latest News Israel News

PARADIGM IS SOLD TO APAX AND JMI FOR $1 BILLION

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 […]

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Latest News Israel News

FACEBOOK BUYS FACE.COM FOR $100M

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 […]

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Latest News Israel News

STANLEY BLACK & DECKER BUYS AEROSCOUT FOR $200M

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, […]

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Latest News Israel News

FOUR ISRAELIS CHOSEN FOR “GIRLS IN TECH 100 IN EUROPE”

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, […]