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Amdocs acquires Actix for $120m

As reported in Globes: The acquisition will expand Amdocs’s Customer Experience Systems portfolio with geo-located network data. Amdocs Ltd. has acquired mobile network optimization software provider Actix International Ltd. for $120 million in cash. The acquisition will expand Amdocs’s CES (Customer Experience Systems) portfolio with geo-located network data that will drive a variety of optimization […]

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Israel and 3D Printing – From Start-Up Nation to Makers Nation

Few aspects of Israeli society are dearer to the national identity than its high-tech sector — a class of entrepreneurs so churning with ideas and innovation that they have earned Israel the title of “startup nation.” But can this legacy last forever? Research from the last few years has shown that Israel’s startup model is […]

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IBM Aquires Israeli security company Trusteer for $1Bn

  As reported in  Reuters and Globes: IBM, the world’s biggest technology services company, said on Thursday it has agreed to buy Trusteer, a company that helps businesses fight computer viruses and fraud. A person familiar with the matter said IBM was paying close to $1 billion for Trusteer, making it the company’s second-largest acquisition […]

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AFP awards $35 million contract to Israeli firm Elbit

The Australian Federal Police has awarded a $35 million contract to Elbit Systems of Australia Pty Ltd for an advanced information management system. The company is a subsidiary of the Israeli firm Elbit Systems Ltd based in Haifa. President and CEO of Elbit  Bezhalel [Butzi] Machlis told media: “Australia is a very significant market for […]

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10 Impressive Tel Aviv Tech Startups

As reported in the Huffington Post: With more than 700 early-stage startups, and as many as 5,000 overall, it’s no surprise that Tel Aviv has been ranked second only to Silicon Valley in terms of being a leading tech epicenter. Tel Aviv has established itself as one of the most innovative and entrepreneurial cities in […]

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AOL acquires Israeli Company Adap.tv for $405m

As reported in Globes.co.il: The video ad platform developer has Israeli roots. It was founded by Amir Ashkenazi, and investors include Gemini Israel Ventures. AOL Inc. (NYSE: AOL) today announced the acquisition of video advertising platform Adap.tv Inc. for $405 million, including $322 million in cash and $83 million in AOL shares. Adap.tv will operate […]

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Major NSW solar projects get green light

Australia’s biggest solar energy plants have been given the funding go-ahead, clearing the way for the installation of 2 million photovoltaic panels at two sites in the NSW outback. AGL Energy Limited (AGL) was selected by the Australian Government as the successful proponent in the solar photovoltaic (PV) category of the Solar Flagships Program independent […]

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Israel World Leader in Blindness Prevention

As reported in Ynet: Study shows rates of preventable blindness in Israel may have been slashed in half over past decade. A new study published in the American Journal of Ophthalmology notes that the rates of preventable blindness in Israel have drastically lowered over the past decade – by more than half to be exact, […]

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Australian Company James Richardson to pay NIS 4b for duty-free shops

As reported in Globes: James Richardson won the tender to operate the duty free shops at Ben Gurion Airport for seven years. James Richardson Ltd. today won the Israel Airports Authority tender for the operation of duty-free shops at Ben Gurion Airport. Sources inform ”Globes” that the company won the tender with a bid of […]

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Woodside CEO “The opportunity to buy in to a resource like Leviathan is a once-in-a-decade opportunity”

As reported in the Australian: Woodside upbeat on Israeli gas deal despite hurdles. WOODSIDE Petroleum chief executive Peter Coleman has left no doubts over his desire to move into Israel’s giant offshore Leviathan gas field, but remains silent on the extent of hurdles the group is facing in its non-binding $US1.3 billion-plus buy-in deal. Speaking […]