As reported in IVC: BMC solution will enable Bezeq International’s enterprise customers to manage their IT service offerings Bezeq International, a leading Internet and international telecommunication provider, today announced the selection of the BMC Software (NASDAQ: BMC) Cloud Lifecycle Management solution. BMC’s cloud management solution will assist Bezeq International in managing its applications, infrastructure and […]
Category: Latest News Israel
ValueClick Inc. acquired digital marketer Dotomi Inc., a leader in personalized media, for $295 million. Dotomi, which was founded in 2003, raised $17 million in funding since its inception from Globespan Capital, US Venture Partners, Investor Capital and Velocity. The company has developed a kind of private advertising channel that enables advertisers to send marketing […]
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S1 CORP BUYS ISRAEL’S FUNDTECH
Financial services provider S1 Corp is buying Fundtech Ltd, a provider of payment systems and services for $325 million. Following the acquisition S1 shareholders will own about 55 percent of the combined company and Fundtech shareholders the rest. The combined company, which will be headquartered in Atlanta, Georgia and will be called Fundtech, will be […]
“Ophir has a history of impressive revenue growth. Their differentiated technologies, well-respected brands and strong customer relationships are an excellent fit with Newport’s strategic agenda.” – Newport president and CEO Robert J. Phillippy Newport Corp, a U.S. manufacturer and distributor of precision components, bought Jerusalem-based Ophir Optronics Ltd. for $230 million in cash. Ophir will […]
U.S. Investment Bank Morgan Stanley raised its growth forecast for Israel to 4.8% for both 2011 and 2012 from its previous growth forecast of 4.3%, noting that the Israeli economy “remains one of the robust and well managed among both the developed and the emerging market economies.” “Having shown an excellent track record in weathering […]
Israel’s Ministry of Industry, Trade and Labor launched a new incentive to encourage and assist Israeli companies interested in trading in China and India. A company that is selected for the program can receive up to 700,000 shekels a year for three years. The funds are to be used to help the company establish and […]
Foreign direct investment (FDI) in Israel totaled $500 million in June, rising above the monthly average of $410 million for the first half of 2011. The majority of investments were made in the high tech sector. Net foreign investment in stocks traded on the Tel Aviv Stock Exchange (TASE) totaled $440 million in June, 9% […]
A year ago, at the 2010 OECD Ministerial Council Meeting, Israel was formally invited to become a member of the OECD, following three years of accession negotiations. Israel duly became the organisation’s 33rd member country a few months later, in September 2010. The OECD Observerasked the minister of finance, Yuval Steinitz, to outline his views […]
On completion of the Ashdod plant, desalination plants will supply around 75% of the domestic water consumption Minister of Finance, Dr. Yuval Steinitz, Minister of National Infrastructures, Dr. Uzi Landau and Mekorot Chairman, Mr. Alex Vijneitzer signed today a franchise agreement for the Ashdod desalination project with Mekorot subsidiary Mekorot Development & Enterprise, which will […]
Logica, a business and technology service company, and TaKaDu, a world leader in Water Infrastructure Monitoring, announced today they are partnering to offer the UK water industry TaKaDu’s Water Infrastructure Monitoring solution, enabling utilities to reduce water loss and drive efficiency and savings. In the UK, twenty four water companies manage water distribution networks with […]
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