Dell launched its Israeli R&D center based on data storage systems developer Exanet, which it acquired in 2010. The computer giant is expected to double the center’s manpower to 140 employees by the end of the year, consolidating it as a global leader. Dell’s Israeli R&D center is the first of its kind in Israel. […]
Category: Latest News Israel
Millions already use Israeli startup Powermat’s wireless charging system. Soon it will be embedded in airport and office furniture, the Chevy Volt and kitchen appliances. Just five years after going into business, the small Israeli company Powermat (www.powermat.com) is revolutionizing the way people charge their cell phones and other handheld devices. The user simply places […]
New Israeli micro-VC assures that ‘great people with great ideas’ won’t get passed over in the race for investment funds. In Hebrew, lool means a hatchery or crib. Spelled in all lowercase, the word also evokes digital media. Put it all together and you’ve got a portrait of Israel’s new micro-VC fund to incubate fledgling […]
As reported in Globes.co.il: The electric car venture has signed cooperation agreements with 27 municipalities to deploy the network in their jurisdictions. Shay Agassi’s electric car venture Better Place LLC today unveiled the components of its battery replacement and recharging network that it will operate in Israel later this year. The plan will initially include thousands […]
As reported in IVC: EU Seventh Framework Progamme for R&D grants are considered the cheapest money available for technology companies. At a time when it is hard for new technology companies to raise capital, they ought to remember one deep pocket that has money for Israeli companies: EU grant programs for technology R&D companies. The EU […]
As reported in Globes.co.il: Facebook is paying $60-70m for start-up Snaptu, which has developed Internet applications for mobile phones. Facebook, operator of the world’s largest social network, is buying Israeli start-up Snaptu, for $60-70 million.This transaction is Facebook’s first acquisition in Israel. Snaptu’s application allows mobile phones, even those less advanced than an iPhone or Android […]
As reported in IVC: Companies see the advantage of working together. Peace and an end to the exhausting Israeli-Palestinian conflict may be facilitated by the business sector, possibly because business interests trump political stubbornness and tensions. “Bloomberg” cites a report by international disaster relief NGO Mercy Corps as saying that 32% of Palestinian technology companies […]
As reported in Port2Port: The Ambassador of Israel to Romania, Dan Ben-Eliez noted that Israel is defined as a strategic partner of Romania and that Romania is perceived as a strategic partner of Israel During a recent trade event held in Romania to strengthen economic and cultural ties between Israeli companies and the Romanian […]
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Facts Regarding Israel
The Middle East has been growing date palms for centuries. The average tree is about 18-20 feet tall and yields about 38 pounds of dates a year. Israeli date trees are now yielding 400 pounds/year and are short enough to be harvested from the ground or a short ladder. Israel, the 100th smallest country, with […]
As reported in Port2Port: The unemployment rate fell to 6.1% of the civilian labor force in January 2011 from 6.3% in December 2010. The last time that the unemployment rate was at 6.1% was in March 2008 The Central Bureau of Statistics (CBS) reported last week that the unemployment rate declined to its lowest […]
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