As reported in Globes: The Kfar Saba based company has been in financial difficulties. Microsoft Corporation is buying Israeli digital pen company N-trig. The company has developed a chip for a digital pen and computer screen interface. No financial details about the acquisition have been disclosed but market sources believe that Microsoft will pay $200 […]
Category: Latest News Israel
Australia-based PhytoTech Medical has signed an exclusive licensing and collaboration agreement with Yissum, the technology-transfer company of the Hebrew University of Jerusalem, to develop, manufacture and market a novel delivery system to enhance the bioavailability of cannabidiol (CBD) and/or THC, the active ingredients in cannabis, for the treatment of a variety of medical indications. The novel […]
As reported in Globes: The funds will be used to build development in Israel, expand in France, Japan and Italy, and further personalize the service. Content recommendation platform company Taboola Inc. announced today that it has completed a huge $117 million financing round, led by Fidelity Management and Research Company. Existing investors Marker LLC and […]
Israeli-made wine sales reached $220 million last year, of which $40 million was in exports. 2014 was another good year for Israel’s wine industry, according to figures published today by the Israel Export and International Cooperation Institute. Exports of wine and spirits rose 10% last year to $40 million. The figures were announced today at […]
As reported in Globes: The Yokne’am-based company, Amazon’s first Israeli acquisition, is building an innovative semiconductor platform. Amazon is acquiring Israeli company Annapurna Labs. The online trading company has confirmed the acquisition of the Yokne’am-based semiconductor company this evening. No financial details were disclosed but sources believe the acquisition is for about $350 million. Very […]
As reported in Globes: Microsoft plans to integrate the Israeli company’s product in its Office 365 package. Three months after a report by “The Wall Street Journal” and two months after acquiring Israeli company Aorato, Microsoft today confirmed that it is acquiring another Israeli startup, Equivio, for $150-200 million. Equivio is developing text analysis software […]
As reported in Israel21c: Anyone who has driven at night, squinting in the glare of oncoming headlights — or who has struggled to see out the windshield during stormy weather — is familiar with the anxiety-producing and dangerous situation of poor visibility while handling a vehicle. An Israeli startup has set out to eliminate […]
As published in Globes: The Energix solar energy project at Neot Hovav will supply power for 40,000 homes. Energix Renewable Energies Ltd. (ENRG) of the Alony Hetz Property and Investments Ltd. group controlled by Nathan Hetz and the Wertheim family announced today that Israel’s biggest solar energy project, at Neot Hovav in the Negev, has […]
As reported in Globes: The US livestock ID leader is acquiring the Netanya based dairy herd specialist. Allflex Group, a global leader in animal identification systems, has acquired Netanya based SCR for $250 million. SCR, founded in 1976, manufactures and markets advanced monitoring systems for cows and milk production and innovative solutions for management of […]
As published in No Camels: The popularity of craft beer and microbreweries has exploded in recent years, and Israel is not missing out on the craze. Craft breweries, a trend which actually began in the 1980s, are marked by their independence, local character, smaller scale and brewing capacity. With beer aficionados acquiring increasingly refined tastes […]
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