As reported in IVC: Ormat Technologies will build the Ngatamariki geothermal project in New Zealand for $130 million. Ormat Industries Ltd. US subsidiary Ormat Technologies Inc. has won a $130 million order in New Zealand – the largest ever in the company’s history. Ormat signed a supply contract and an engineering, procurement and construction, (EPC) […]
Category: Latest News Israel
As reported in Globes: Permira Funds LLC has acquired 61% of drip irrigation company Netafim Ltd. from Kibbutz Yiftah, Kibbutz Magal, Tene Investments Ltd., and Markstone Capital Partners Group LLC at a company value of $900 million in cash and assumption of loans. Kibbutz Hatzerim owns the rest of Netafim and has first refusal rights […]
As reported in Israel 21c: If only Victor Schoenfeld could have learned the secrets of his ancient forebears’ winemaking enterprise in what is now the Golan Heights. But the Roman conquest put an end to winemaking here back in the eighth century, and grapes were only reintroduced to the rich soil of the Golan Heights […]
As reported in port2port: The conference. That was held at the Knesset, adopted a resolution committing members to expanding market-oriented R&D projects A group of European parliamentarians met last week at the Knesset for the 17th biennial Eureka inter-parliamentary conference. The conference adopted a resolution committing members to expanding market-oriented R&D projects and to fostering […]
As reported in port2port: The Confederation of Indian Industry and Israel’s High Tech Industries Association (HTIA) will work to establish a network that would bring investors and entrepreneurs close and expand trade The Confederation of Indian Industry (CII) and Israel’s High Tech Industries Association (HTIA) signed last week an agreement to bring Israeli technology and […]
As reported in The Economist: MOSES parted the waters. Strauss aims merely to separate the waters from their yucky impurities. On May 18th in Shanghai Israel’s second-largest food and drinks firm will launch a high-tech purifier that not only filters water but also heats it to exactly the right temperature for making tea. Strauss has […]
As reported in Port2port: Israel is 1st in the world in total expenditures of R&D as % of GDP, entrepreneurship, central bank policy and scientific research and 2nd in access to venture capital and public expenditure on education According to the 2011 World Competitiveness Yearbook (WCY) of the International Institute Management Development (IMD) in Lausanne, […]
As reported in IVC Greylock Israel Partners today announced that it has closed a $160 million fund, Greylock Israel II, from which it will continue to invest in exceptional enterprise and consumer technology companies at all stages of development, from seed to early to growth, in Israel and Europe. As with previous Greylock funds, this […]
As reported by Globes: Advanced Micro Devices Inc. (NYSE: AMD) today announced that it will set up an R&D center in Tel Aviv, based on heterogeneous computing and 3D graphics developer Graphic Remedy, which it acquired six months ago. According to IVC, the acquisition was made at a value of $5 million. AMD says that […]
As reported in Globes: Noble Energy Inc. (NYSE: NBL) president and CEO David Stover has delivered good news for Israel’s natural gas and oil sector. He told a UBS conference in the US, “It’s possible that over the next few years gas reserves in the Israel region will rise to 35-45 trillion cubic feet (TCF) […]
