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 […]
Category: Latest News Israel
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 […]
As reported in Invest In Israel, Leading technology provider Dell acquired Israeli start-up Exanet, which deals in data storage development, for $12 million. Exanet, which was founded in 2000, provides scalable network-attached storage software solutions to OEM partners. Exanet storage system solutions are hardware independent. Their clustered NAS software storage solution provides single file system […]
As reported in Invest In Israel, Oracle Corp., the world’s largest maker of proprietary database software, is acquiring Israeli startup Convergin, which makes software that lets telcos deliver services across multiple networks and platforms. Convergin’s J2EE-based Service Broker Platform enables communications service providers (CSPs) to manage services for a wide range of networks and application […]
As reported in Invest In Israel, China’s Yifang Digital, one of the world’s leading consumer elect buy cheap kamagra uk ronics manufacturers, purchased Pegasus Technologies for about $60 million. Pegasus, founded in 1991, develops handwriting input devices for entry in personal computers, Personal Digital Assistants (PDAs), cellular phones and other office equipment. Pegasus will maintain […]
Merrill Lynch analysts said Israel’s upcoming classification as a developed market by Morgan Stanley on May 31 would make the country stand out among its peers. Calling the move a natural progression, the analysts said the Israeli market’s higher commodity prices, relatively high dividend payouts and economic stability that were less attractive to emerging market […]
The Technology Center will focus on entrepreneurship of renewable energy solutions. Its objective will be to enable entrepreneurs to develop renewable energy R&D projects, and bring them to advanced stages of testing, and ultimately, to marketability and export.
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