Check Pointis paying nearly $100 milion. CEO Gil Shwed: Mobile threats will be one of the two most significant sectors for us. As reported in Globes: Check Point Software Technologies Ltd. has made its second acquisition in under two months. The Israeli network security company recently announced the acquisition of local start-up Lacoon for a […]
Category: Latest News Israel
iAngels has developed a model for investment of small amounts in start-ups, based on experienced investors. As reported in Globes: Russian billionaire and Chelsea FC owner Roman Abramovich continues to invest in Israeli start-ups: through Millhouse Capital, his investment company, he has led a $2.25 million investment in iAngels, a company started by entrepreneurs Mor […]
As reported in Globes: The new building houses 150 engineers and Microsoft is recruiting dozens more employees in Israel. 24 years after selecting Haifa for its first R&D center outside the US, Microsoft is inaugurating a new R&D center in the city on the Matam Park site, owned by Bayside Land Corp. Ltd.(Gav Yam). The […]
As published in Globes: Each of the two founders will sell shares worth $100 million in the driving assistance systems company’s offer for sale. Camera-based driving assistance systems developer Mobileye has filed with the US Securities and Exchange Commission (SEC) for its secondary offering. In a massive offer to sale by shareholders, the Jerusalem-based company’s […]
As published by NoCamels: Turning water and carbon dioxide (the dreaded CO2) into sustainable fuel may sound like science fiction, but Israeli researchers and companies are making it a reality. The fuel alternatives they’re developing could lead the world on a cleaner, more sustainable future. In 2013, NoCamels reported that a research team at Israel’s Ben Gurion University came up with […]
PayPal — soon to be spinning off from parent company eBay — today confirmed its latest acquisition and move to build out its payment technology as a standalone business, and provide better protection in the growing problem of security breaches in e-commerce. It is buying CyActive, a specialist in predictive malware detection based out of Israel. […]
As reported in Globes: CyActive describes itself as a predictive cyber security company. Online payments giant PayPal is making another acquisition in Israel. Sources inform “Globes” that PayPal has bought Beersheva-based cyber security company CyActive for $60 million. The deal has been signed and is expected to close shortly. CyActive was founded in 2003 by […]
As reported in Globes: eXelate has developed a platform that allows data search and analysis for digital ad companies. Nielsen Holdings N.V. has acquired Israeli data management company eXelate. The company has developed a platform that allows data search and analysis for digital ad companies. Financial details about the acquisition were not disclosed but estimates […]
As published on Israel21c: Before buying fruit at the greengrocer, steak at the butcher or a nutritional supplement at the pharmacy, imagine taking a gadget out of your pocket, aiming it at the item and instantly seeing its quality, ripeness and nutritional value, plus a whole lot more data hidden at the molecular level. […]
As reported in Globes: Allot Communications CEO: Optenet will help Allot become a leading player in the consumer SECaaS market. 30 months after its previous acquisition, leading broadband solutions provider Allot Communications Ltd. is going to the well again. The company, which had $132 million in cash as of the end of 2014, today announced […]
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