Source: CNBC Beverage and snack giant PepsiCo announced plans Monday to acquire at-home carbonated drink maker SodaStream for $3.2 billion. Purchase, New York-based PepsiCo agreed to pay $144 per share in cash for SodaStream’s outstanding stock, a 32 percent premium to its 30-day volume weighted average price. The deal gives PepsiCo a new line through which it can reach […]
Category: Latest News Israel
Source: Bloomberg Corporate bond sales through the Tel Aviv Stock Exchange, the largest exchange for electronic trading of private bonds after Shanghai, picked up sharply in the first half of this year. Ten new companies raised money through Israeli bond sales between January and June, for a total of 6.5 billion shekels ($1.8 billion), more […]
Source: Reuters The newly privatised Tel Aviv Stock Exchange (TASE) has won approval from Israel’s securities regulator for a deal to sell nearly 20 percent of the exchange to investment fund Manikay Partners and another 19 percent to four other foreign investors. The sale, announced in April, puts a value of 551 million shekels ($151 […]
Source: Times of Israel The Israel Innovation Authority, the Ministry of Economy and Industry, and the National Cyber Directorate have announced a new NIS 90 million ($24 million), three-year program to boost Israel’s cyber industry. The funds will be earmarked to support long-term “groundbreaking” new technologies that have “significant potential to influence the global market” […]
Source: Bloomberg Earlier this month, S&P Global Ratings upgraded Israel’s credit rating for the first time in seven years, to AA-. It was the best report card Israel’s economy has ever had from a rating agency, and a moment to savor. And yet what’s more positive is that Israel is aiming higher. The report cited Israel’s “exceptionally […]
Source: Nocamels TytoCare, the telehealth firm with tech that enables medical examinations and services at home, announced Thursday that Health Canada, the department of Canada’s government responsible for national public health, has approved the Israeli company’s end-to-end solution. The solution is now available for use by Canadian professionals and consumers, the company said in […]
Source: Times of Israel Every body is unique. Science searches to discover and understand the unique genetic features and variabilities throughout the human race and as itenhances its understanding of these peculiarities, it creates the opportunity for specific responses to specific problems. Perhaps the most valuable result is that these insights enable doctors and physicians […]
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The Innovative Eight
Sources: Business Insider, The Times of Israel The World Economic Forum has singled out 61 companies to feature in its annual list of The Most Innovative Companies in the World. The list showcases some of the incredible technologies shaping the future and features eight technological solutions from Israeli companies. With water solutions […]
Source: NoCamels Tamir Pardo, an ex-Mossad chief who has since moved forward with his own startup, has outlined at a cybersecurity conference why threats in the cyber sphere are so catastrophic. His own startup XM Cyber, developed an automated advanced system whose tagline is “defense by offense.” “As opposed to traditional weapons, which require […]
Israel is largely a desert nation – indeed, the Negev Desert alone covers 60% of the country. That is why Israel has been forced to become an agricultural technology powerhouse: out of sheer necessity. From advanced irrigation methods to biotechnology to farming machinery and robotics, Israel is a hub of agritech innovation – and tens […]
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