LogNet Systems recognized for its innovative approach to customer management and billing solutions in multiple service environments LogNet Systems, a global provider of customer management and billing solutions for multiple play service providers, today announced that the company has been recognized by Stratecast, a division of Frost & Sullivan, for its approach to help service providers […]
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Let Peace Begin with Water
As reported in Israel21C: Named a Hero of the Environment by TIME magazine, Israeli lawyer Gidon Bromberg and his colleagues in Friends of the Earth Middle East are also heroes of peacemaking. In the early 1990s, a young Israeli lawyer doing a master’s thesis on environmental international law concluded that the environment could and should be […]
As reported in Globes: IT services and solutions company Ness Technologies Ltd. (Nasdaq: NSTC; TASE: NSTC) announced on Friday that Citigroup Inc. (NYSE: C) unit Citi Venture Capital International (CVCI) will acquire the company for $307 million in cash. CVCI will pay $7.75 per share for Ness, 17.6% over the company’s closing price on Nasdaq […]
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) […]
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, […]
