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Latest News Israel

Whats in that drink? Futuristic Israeli device lets you find out

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. […]

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Latest News Israel News

Allot acquires IT security co Optenet for $38m

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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Latest News Israel News

Microsoft buys digital pen co N-trig for $200m

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 […]

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Latest News Israel News

Australia’s PhytoTech Medical signs deal with Hebrew University

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 […]

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Latest News Israel News

Content recommendation co Taboola raises $117m

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 […]

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Latest News Israel

Israeli wine exports rose 10% in 2014

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 […]

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Latest News Israel News

Amazon acquires Annapurna Labs for $350m

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 […]

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Latest News Israel News

Microsoft buys text analysis co Equivio for $200m

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 […]

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Latest News Israel

New innovation will revolutionize night-time driving

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 […]

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Latest News Israel News

Israel’s Biggest Solar Energy Plant Underway

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 […]