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Latest News Israel

PRIVATE EQUITY FIRM SUMMIT PARTNERS BUYS ISRAEL’S ANSWERS.COM

AFCV Holdings, a unit of private equity firm Summit Partners, bought Answers Corporation’s community-generated Q&A site Answers.com for $127 million in cash. The web answers search engine, one of the world’s leading Q&A sites with 5.5 million registered members as of November 2010, was established in 1999 and recently hit its 10 million answers. Summit […]

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Latest News Israel

Chilean miners visit Israel as guests of Tourism Ministry

‘Pilgrimage of Thanks’ brings the formerly trapped men to religious sites of Israel as well as tourist spots and a meeting with the president. After two months trapped underground in a collapsed mine as the world looked on in horror, 25 of the 33 rescued Chilean miners accepted the gift of a trip to Israel. […]

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Latest News Israel

Clouds in the IT forecast

Israeli ‘cloud computing’ solutions such as CloudShare and Gizmox are helping to propel a massive worldwide move to virtual information technology services. A cloud has descended on the computing world – and in that cloud, the lion’s share of the applications we work with, and even the data we produce, eventually will reside. As the […]

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Latest News Israel

Message from the Visa Section at the Australian Embassy in Tel Aviv.

” Subclass 456 (Business Short Stay) visa to Australia.:  The processing time standard has been reduced from 10 work days to only 5 word days from the day the application is received at the Australian Embassy in Tel Aviv. This is in recognition of the special needs of the business community in the current global […]

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Latest News Israel

Equities Israel Publishes First Investor Digital Directory Covering Israeli Real Estate Public Companies

Comprises financial profiles of Israel’s leading Publicly Traded Real Estate & Construction Companies for investors TEL AVIV, Israel–(BUSINESS WIRE)–M.G.M. International Publications Ltd., the leading English language publisher of digital and electronic information on Israeli public companies and securities, announced today the publication of its first Digital Directory for investors – the Equities Israel Real Estate […]

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Latest News Israel

CBS: unemployment rate fell to 6.6% in 2010

The unemployment rate as a whole fell to 6.6% from 7.5% in 2009. The number of employed persons rose by 97,000   The Central Bureau of Statistics (CBS) reported last week that the unemployment rate was unchanged at 6.6% of the civilian labor force in the fourth quarter of 2010, or 211,000 persons. 2.98 million […]

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Latest News Israel

Israel & Poland signed environmental joint declaration of cooperation

The cooperation is primarily in the realms of promoting investment and exchange of technologies. Cooperation will be in the form of rotation of specialists, both professionals and technicians   Israel and Poland signed last week a joint declaration of cooperation on water supply and sustainable energy technology management policy. This and other agreements were signed […]

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Latest News Israel

Internet software co Boxee raises $16.5m

As reported in IVC: Boxee’s media center software finds a user’s favorite shows and movies online and puts them on the TV, without a monthly fee. Boxee Inc. has raised $16.5 million in its third financing round led by Pitango Venture Capital. Japan’s Softbank and current investors General Catalyst, Spark Capital, and Union Square Ventures […]

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Latest News Israel

Putting the ‘pop’ back into soda pop

As reported in Israel21c: At the dawn of the 20th century, the British royals were privy to a spiffy new system for infusing drinking water with carbon dioxide bubbles. It would take 53 years for SodaStream to reach commoners, and another 42 until it was acquired by an Israeli distributor and transformed into an international […]

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Latest News Israel

A ‘tugboat’ for airplanes that saves on fuel

As reported in Israel21c: The idea has been around for a while, but engineers weren’t able to make it work. At least as far as Israel Aerospace Industries (IAI) knows, the Taxibot Dispatch Towing system is the world’s first tugboat-like way to tow both wide and narrow body commercial airplanes to taxi to and from […]