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CA Technologies buys Israeli co IdMlogic

Tel Aviv based IdMlogic develops intelligent identity management applications. As reported in Globes: Software giant CA Technologies has acquired Israeli company IdMlogic. Both companies have confirmed the acquisition but have not disclosed financial details. Market sources estimate the acquisition was for $20 million. IdMlogic, which has been operating under the radar for several years, develops […]

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What is ‘FinTech’ And Why Is Israel So Good At It?

As reported in NoCamels: ‘FinTech’ is a term you may have encountered in the tech news headlines and wondered what the connection is between finance, a sector heavily-burdened with century-old institutions, and technology, the constantly changing face of human innovation. In layman’s terms ‘FinTech’ involves the ability to carry out any number of financial services from […]

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Apple’s Incredible Spaceship-Like Campus To Be Built With Israeli Tech

As reported in NoCamels: Like with everything else it does, Apple is expected to rock the architectural world when its new California headquarters opens for business next year – raising the fortunes of the Israeli glass technology firm that is playing a central, if indirect, role in the construction of one of the world’s most […]

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Chinese VC to invest $500m in Israel in 2015

IVC believes that half of the funds that raise money by the end of the year will have at least one Chinese investor. As reported in Globes: Chinese investors continue to show growing interest in Israeli high tech. According to IVC Research Center, Chinese investors will invest an estimated half a billion dollars in Israeli […]

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Israeli Cyber Exports Double in a Year

At US $6B, Cyber Exceeded Total Defense Contracts in 2014. as reported in defensenews.com: Israeli companies exported some US $6 billion in cyber-related products and services last year, a peak figure which surpasses the amount of Israeli defense contracts signed in 2014. The latest data from Israel’s National Cyber Bureau (NCB) shows a surge in […]

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Australia, Israel pursuing agricultural opportunities

Australia and Israel are continuing to collaborate to pursue beneficial opportunities between the countries in the agricultural technology and farming industries. A delegation from Australia’s peak industry body for vegetable and potato growers, AUSVEG, in conjunction with Haifa Australia, the global Israeli fertiliser supplier’s local subsidiary, recently met with Australia’s Ambassador to Israel, Dave Sharma, […]

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Latest News Israel News

ARM set to acquire Sansa Security for $85m

ARM may make the company, which develops mobile and flash memory security solutions, into its Israel development center. As reported in Globes: Chip giant ARM is in advanced negotiations to acquire Israeli company Sansa Security (formerly Discretix Technologies), located in Kfar Netter. The price is estimated at $75-85 million. The Israeli company has developed security […]

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HP buys Israeli network solutions co ConteXtream

With offices in Petah Tikva, ConteXtream has developed carrier-grade network virtualization solutions. As reported in Globes: HP has acquired ConteXtream, which develops carrier-grade network virtualization solutions. No financial details about the deal were disclosed but markets sources believe the acquisition was for several tens of millions of dollars. ConteXtream was co-founded in 2006 in Israel […]

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Warren Buffett invests in Israeli co eVolution Networks

The Ramat Gan based energy savings solution company has raised $22.5 million from Berkshire Hathaway and GE Ventures. As reported in Globes: Israeli energy savings solutions company eVolution Networks today announced that it has raised $22.5 million from Warren Buffett’s Berkshire Hathaway Energy subsidiary IES Holding, and GE Ventures. With the funding, eVolution Networks, which […]

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First Annual Innovation Report of the Office of the Chief Scientist

ISRAEL’S CHIEF SCIENTIST AVI HASSON INTRODUCES ISRAEL’S FIRST ANNUAL INNOVATION REPORT Hasson: “Our challenge in the coming years will be to remain at the forefront of global technology while implementing innovative measures in all aspects of the market and the economy.” The report identifies four significant measures that should be taken to meet these challenges: […]