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IBM Buys Israel’s Storewize in $140 mln Deal

Storwize Inc., a data compression hardware and software company focused on improving storage, has been acquired by IBM Corp. Storwize provides real-time data compression technology to help clients reduce physical storage requirements. Its products are usually installed between the network and the storage devices, and compress the data before it reaches the network storage devices. […]

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Latest News Israel News

Fired up to fight kidney failure

As was reported in ISRAEL 21C: Motivated by an interest in global human health, a team of Israeli researchers has identified the gene that increases the risk of kidney failure in people of African heritage. By identifying the gene that increases the risk of kidney failure, Israeli researchers may revolutionize the prevention, detection, and treatment […]

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Latest News Israel News

A solution to olive your problems

As reported on Israel 21C: Inspired by biblical descriptions of the health benefits of olive oil, physiologist Dr Shaul Eger has devoted himself to concocting remedies in which it’s a key ingredient.  A search for a cure to his own health problems led to a whole new profession for Dr. Shaul Eger. Thirty years ago […]

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Latest News Israel News

Growing life sciences at home, in the desert

Hoping to reverse Israel’s brain and biotech innovation drain, the new NGO BioNegev plans to transform the Negev Desert into a major biotechnology hub.   Israeli biotech companies like Given Imaging, which has developed a camera in a pill, are improving lives worldwide. Now Shay Yarkoni hopes to create a biocluster in Israel’s Negev desert. […]

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Latest News Israel News

Israel’s top ten technologies that are transforming the Web

Israel is at the cutting edge of some of the best Internet technologies around. ISRAEL21c takes a look at the brightest new companies that are now revolutionizing the web. Israel’s success in the technology sector is no secret. Over the years, the country has become a key research and development center for multinational companies such […]

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Latest News Israel News

What Next for the Start-Up Nation?

Adversity, like necessity, is often the mother of invention by Dan Senor and Saul Singer Some warn that Israel is facing its toughest constellation of threats ever. Yet we believe that Israel is poised to play a central role in world affairs, not as a flashpoint for conflict but as a global innovation leader. Geopolitical […]

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Latest News Israel News

Tax Authority: ‘Green tax reform having positive effect’

For the first time, tax rates on vehicles is linked to the level of pollution emitted by these vehicles The Israel Tax Authority published last week an analysis of the effect of the green tax reform on automobile sales in Israel.   Israel’s Green Tax reform went into effect on August 2, 2009. The reform […]

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Latest News Israel

Tom Ridge: Israel’s renewable energy know-how among world’s best

  As reported in IVC: “In order to ensure that sustainable and safe technologies are developed in Israel, it’s necessary to maintain a suitable balance between the state and the market.” In an interview with “Globes”, former Pennsylvania governor Tom Ridge says, “The socioeconomic and environmental needs of the 21st century require innovation and energy […]

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Latest News Israel News

Lockheed Martin to invest millions in Israeli funds

As reported in IVC: Morgan Stanley also mulling investments in Israel, says economic attach in Washington. American aviation and defense giant Lockheed Martin will be investing tens of millions of dollars in Israeli investment funds, said the Finance Ministry’s economic attach? in the United States, Assaf Vitman. Investment bank Morgan Stanley is also also considering […]

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Latest News Israel News

Knesset Committee Approves Economic Court

The Knesset Constitution, Law and Justice Committee unanimously approved a bill to establish an economic court separate from the Tel Aviv District Court to deal solely with economic cases. The bill, which had been suggested by Israel Securities Authority chairman Zohar Goshen, proposes that the economic court will deal with most of the legal proceedings […]