The Better Place Center is located just outside Tel Aviv, constructed inside a refurbished oil tank, symbolizing the transition to electric transportation. The tour also gives visitors the opportunity to drive an electric vehicle on a specially-designed test track. (For more info)
Category: Latest News Israel
The State of Israel sold a 5% stake of Israel Discount Bank to the Deutsche Investment Bank, which won a closed tender. Deutsche Bank pledged to buy a 5% stake in Israel Discount Bank and received an option to purchase up to 3.33% more shares at a 0.5% discount to their bid price.(for more info)
As reported by port2port, Israel is the first country outside South America to sign a free trade agreement with the regional Mercosur bloc. Brazilian President Lula da Silva visted Israel last week Israel signed last week a new free trade agreement with Brazil, and the rest of the Mercosur bloc – Argentina, Paraguay and Uruguay […]
As reported in IVC , Investors include Goldman Sachs, Leumi Partners, and Menorah Mivtachim. Sources inform ”Globes” that Advanced Driver Assistance Systems (ADAS) developer Mobileye Inc. has raised $37 million from Israeli and foreign investors, at a company value of $740 million after money. Investors included Leumi Partners, which increased its stake in the company […]
As reported in IVC ,Teledata Networks Unveils Compact BroadAccess -300E FTTX System Teledata Networks, a leading global provider of innovative Multiservice Access solutions for NGN (Next Generation Networks), announced the release of the new BroadAccess-300E system, a compact FTTX MSAG designed for the delivery of Triple Play and Carrier Ethernet services. As reported in IVC […]
Indian Prime Minister Manmohan Singh has accepted an Israeli proposal to begin negotiations on a free-trade agreement. In a meeting held between Ben-Eliezer, Minister of Trade, Industry and Labor and the Indian Minister of Commerce and Industry, the decision of the Prime Minister of India to accept Israel’s proposal for Free Trade Zone negotiations by […]
As reported in Invest In Israel, Aesthera Corporation, an Israeli company that uses photo pneumatic or light-based technology for the treatment of skin conditions, was acquired by Solta Medical of Hayward, California, for $5.3 million. Aesthera’s flagship product, the Isolaz platform, is the only laser or light-based device with FDA marketing clearance for the treatment […]
As reported in Invest In Israel, “Ajami” was nominated for an Oscar as one of the 5 best Foreign-Language films for 2010. “Ajami”, produced by Arab-Israeli Scandar Copti and Jewish-Israeli Yaron Shani, explores five different stories set in the Christian-and-Muslim Arab neighborhood “Ajami” of the mixed Jewish-Arab Mediterranean city of Jaffa, south of Tel Aviv. […]
As reported in Invest In Israel, Berkshire Hathaway Chairman Warren Buffet, who bought an 80% majority stake in Iscar for $4 billion in 2006, told shareholders Iscar was poised to set new records, noting that the Israeli company’s “incredible managerial team would see to that.” “Nothing stops Israel-based Iscar – not wars, recessions or competitors,” […]
As reported in Invest In Israel, DVTel, Inc., a pioneer and dominant market player in the development and delivery of intelligent security solutions over IP networks, is buying ioimage, a leader in intelligent video appliances. ioimage provides high-performance video encoders and cameras with built-in, self sustaining video analytics. ioimage, founded in 2000, uses edge and […]
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