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 […]
Category: Latest News Israel
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.
The Bank said recent increases in the index indicate continued recovery in economic activity According to Bank of Israel figures released last Thursday, Israel’s economic performance index, or “S” index, rose 0.2% in January, its 11th increase in a row. In a statement accompanying the figures, the Bank said that the rise was […]
As reported in the Invest In Israel Newsletter, Israel’s central bank has raised its economic forecast for 2010, citing an improved outlook for global growth and world trade. The Bank of Israel now expects the economy to grow 3.5% this year, compared with its previous forecast last September of 2.5%. Earlier, Bank of America-Merrill Lynch […]
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Taking the Textbook Approach
Australian Financial Review Report: Stanley Fischer wrote the book on economics. His textbook, Macroeconomics, educated the past generation of economists. He supervised the PhD thesis of Fed Governor Ben Bernanke at MIT. So you would think Fischer would be a little ashamed of his profession in the wake of the Global Financial Crisis. Has he […]
Tel Aviv, February 10, 2010– Toronto Stock Exchange and the Tel Aviv Stock Exchange (TASE) announced the signing of a Memorandum of Understanding (MoU) to formalise cooperation between the markets. Under the MoU, the exchanges will work to broaden relations between them by developing channels of communication; advancing opportunities for cross listing; supporting the respective […]
Teva Pharmaceutical Industries Ltd. nnounced today that several of its subsidiaries in the United States reached a settlement in principle to resolve claims brought by Ven-A-Care of the Florida Keys, Inc. on behalf of the United States, Texas, Florida, and California under federal and state False Claims Acts. Together with many other pharmaceutical manufacturers, Teva […]
