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Latest News Israel

$400m in deals hoped from Homeland Security Conference

As reported in IVC: Officials from homeland security agencies from around the world met with representatives of dozens of Israeli companies. Organizers of the First Israel Homeland Security International Conference in Tel Aviv believe that contracts formulated during the conference will exceed $400 million. At least 800 business meetings were held during the last two […]

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Latest News Israel

European R&D leaders meet in Tel Aviv

As reported in IVC: EUREKA’s decision-makers approve €51 million in investments in 56 projects submitted by network’s member countries Assembled in Tel Aviv for the first event held in Israel under the EUREKA Chairmanship year, EUREKA‘s High Level Group Representatives and National Project Coordinators approved a series of promising cooperative R&D projects in a variety […]

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Latest News Israel

NanoIsrael 2010: “Israel Is on Its Way to Turn into a Leading Nano–Technology Nation”

As reported in IVC: NanoIsrael 2010: “Israel Is on Its Way to Turn into a Leading Nano–Technology Nation” A three-year support of Nano-Technology as an Israeli national project has resulted in: 52 leading scientists have immigrated to Israel, 77 million dollars have been invested in equipment, 41 million dollars have been invested in infrastructure, 106 […]

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Latest News Israel

Israeli technology has chief role in battling world threats

As reported in IVC: Migdal H’aemek company HTS’s Container Code Recognition system controls half of the international market. On Sunday, Israel begins to host the first three-day International Homeland Security Conference, showcasing locally developed and manufactured solutions to terrorism threats before security experts and decision-makers from around the world. One of the companies that will […]

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Latest News Israel News

Broadcom Corporation to Acquire Percello Ltd from Israel

Reported by Israel semicon industry portal: Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has signed a definitive agreement to acquire Percello Ltd., a privately-held company that develops system-on-a-chip (SoC) solutions for femtocells. Femtocells are small, low power cellular base stations that extend coverage indoors […]

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Teva buys Merck KGaA women’s health unit

As reported in Globes: Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) has acquired Théramex and related companies, the women’s health products division of Germany’s Merck KGaA (DAX: MRK) unit Merck Serono, for €265 million, plus milestone payments. Teva will fund the acquisition from its internal resources, and expects to close the deal by the […]

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Latest News Israel

Gov’t sells 11.7% stake in Discount Bank

As reported in Globes: Sources inform “Globes” that investment firm Citi has won a government tender, and bought the government’s entire remaining 11.7% stake in Israel Discount Bank (TASE: DSCT). The shares were then sold to foreign and local institutional investors, with Citi distributing the shares to foreign investors, and investment house IBI distributing the […]

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Latest News Israel

Israel No.2 in social network use

As reported in Israel21C: Israel is No. 2 in the world in social network use, with the average time spent on social networks per user reportedly 9.2 hours a month, according to Internet marketing research company ComScore. ComScore reports that Russian Internet users are the world’s most active users of social networks, with Israel in […]

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Latest News Israel

New Israeli technology weighs trucks without stopping

As reported by IVC: Technion and Innowattech Energy Harvesting Systems develop way to detect overloaded trucks quickly and efficiently. Truck drivers beware. A new technology developed by the Israel National Roads Company (INRC), together with researchers from the Technion and Innowattech Energy Harvesting Systems, enables vehicles to be weighed while in motion, meaning that overloaded […]

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Latest News Israel

Boaz Hirsch, Chair of the Kimberley Process : “The Credibility of the Kimberley Process is the Most Important Asset we Have”

Boaz Hirsch, Chair of the Kimberley Process for 2010 and Deputy Director General for Foreign Trade in Israel’s Ministry of Industry, Trade and Labor, granted the Israel Diamond Institute an interview to discuss the issues concerning the KP just prior to the 2010 Plenary session, due to be hosted by Israel in Jerusalem between the […]