Company founders will pay 25-30% tax on the sale of their shares, instead of 48-50% in improved terms offered to high tech companies. As reported in Globes; The Israel Tax Authority is putting taxation on exits in order, after a period of uncertainty about taxes on the sale of shares in startups, following different rulings […]
Category: Latest News Israel
During the first three months of the year, 173 Israeli startup and high-tech companies raised a whopping $1.09 billion, a 9 percent increase over the first quarter of 2015, in which 162 companies raised roughly $1 billion, according to a report released by Israeli research firm IVC Research Center and Israeli accounting firm KPMG Somekh […]
Another Israel-based company is floating on the Australian Securities Exchange (ASX) via a reverse listing. Perth based Drake Resources has expanded its business activities from mining to technology with the acquisition of Israeli based cyber security form Genome Technologies Ltd for A$11,000,000. Genome Technologies mitigates cyber threats by focusing on an organisation’s and the risks from a […]
With medical technologies as a focus of the New South Wales Premier’s Trade Mission to Israel last week, a partnership in cellular genomics research has been established between Sydney’s Garvan Institute of Medical Research and Israel’s Weizmann Institute. The Garvan-Weizmann Centre for Cellular Genomics will be housed in The Kinghorn Cancer Centre in Darlinghurst. The research facility will […]
Another Israeli company is listing on the Australia Stock Exchange through the back door from a reverse takeover by Victory Mines. Israeli Fitbit competitor Milestone Sport offers a MilestonePod sensor which attaches to the user’s shoe. The small device collects data such as foot strikes, cadence, stance time, rate of impact, as well as the regular […]
Israeli video optimization company Beamr has raised $15 million in a financing round led by Disruptive Growth and with the participation of previous investors Marker LLC and Eric Schmidt’s Innovation Endeavors. Original article published in Globes; Beamr is also acquiring video conversion tech firm Vanguard Video to bolster its line of video encoding, media compression […]
To solve the problem of limited storage, Weebit Nano has developed new technology to increase device storage, and it is already having impact in Australia. Weebit has specifically developed Resistive Random-Access-Memory (ReRAM) technology to memory platforms. This pioneering memory technology outperforms Flash on storage capability and price. The technology can be applied to computer storage for […]
Israeli startup BreezoMeter announced its launch in nine additional countries around the world. The company provides dynamic air quality data, which allows municipalities, smart cities and businesses to make informed decisions on the well-being of their constituents. Israel NewTech has been working with BreezoMeter since the beginning. Adi Yefet, head of the water arena at Israel […]
In another large acquisition for an Israeli tech company, Intel has acquired a Tel Aviv based startup which has developed multi-dimensional video imaging technologies for sports TV coverage. As reported in Globes; Intel Corp. (Nasdaq: INTC) is acquiring Israeli sports imaging startup Replay Technologies. No financial details have been disclosed but market sources believe that Intel […]
Israeli startups are leading the way in road safety, driver comfort and car accessories. Here are just five Israeli companies using technology to change the way we drive. As reported in No Camels; Mobileye: Preventing accidents Making driving safer, Israeli company Mobileye develops driver assistance technology to prevent accidents, but is also one of the major developers of […]
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