As reported in Israel 21C: An Israeli company has spent a decade perfecting a drug delivery system that takes the needle out of your arm, and the dread out of going to the doctor. For most of us, getting an injection is a less-than-inviting experience. Many of us dread shots, or injections of medication directly […]
As reported in IVC: The Foreign Trade Administration has a new plan to double Israel’s water technology exports, by 2012. The Ministry of Industry, Trade and Labor’s Foreign Trade Administration has a new plan to double Israel’s water technologies exports, by 2012, from the $1.5 billion in exports in 2010. The new plan targets coal, […]
As reported by IVC: The trial balloon was raised during a meeting between Defense Minister Ehud Barak, Finance Minister Yuval Steinitz, and Histadrut chairman Ofer Eini. Instead of privatization, Israel Military Industries Ltd. (IMI) may be merged with Israel Aerospace Industries Ltd. (IAI) (TASE: ARSP.B1) or Rafael Advanced Defense Systems Ltd., according to a trial […]
As reported by IVC: Superfish raised $4 million in a series C round Visual products search solutions developer Superfish Inc. raised $4 million in its third financing round from current shareholders. Xenia Venture Capital Ltd. (TASE:XENA) invested $650,000 in the round and will owns 14.2% of the firm. The other investors were DFJ Tamir Fishman […]
As reported in Globes: Israel Chemicals Ltd. is buying the Scotts’ Global Professional business from The Scotts Miracle-Gro Company (NYSE: SMG) for $270 million. Global Pro is a global provider of specialty fertilizers and horticultural and turf specialty products. Israel Chemicals will finance the acquisition from its own resources, and expects to close the deal during […]
As reported in Globes: Whether or not a real estate bubble is developing in Israel, the country is not far behind Hong Kong. The “Global Property Guide’s survey of changes in home prices for the third quarter of 2010 puts Israel in fourth place, after Hong Kong. The survey ranks residential real estate markets by […]
As reported in Globes: Citigroup Inc. (NYSE: C) CEO Vikram Pandit is in Israel. He has met economic leaders, and Prime Minister Benjamin Netanyahu, who made time for him from his schedule, which is currently crowded because of the need to deal with aid for victims of the Carmel fire. This is Pandit’s first visit […]
As reported in IVC: NanoMaterials, a Top 30 Winner in the NoAE Innovation Award 2010 NanoMaterials, Ltd. Israel, a producer of nanotech products, was named a prize winner in the Network of Automotive Excellence Innovation Award 2010 competition. The company, producer of the NanoLub(R) brand of performance enhancing nanotechnology additives for lubricating oils and greases based […]
A reported in IVC: Network storage giant appoints weathered scientist, businesswoman Dr. Orna Berry to chair center of excellence in Israel One of the world’s largest network storage companies, EMC, has appointed an Israeli woman to be its new vice president. Dr. Orna Berry, formerly the Ministry of Industry, Trade, and Labor’s chief scientist and […]
As reported in IVC: The contract is to provide a European ministry of defense with advanced tactical communication systems. Elbit Systems Ltd. has announced a contract valued at €17.7 million to provide a European ministry of defense with advanced tactical communication systems to be delivered during 2011- 2012. The communication systems to be delivered under the […]
