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STANLEY BLACK & DECKER BUYS AEROSCOUT FOR $200M

Stanley Black & Decker division of Stanley Healthcare Solutions has acquired Israel’s AeroScout Inc., a developer of real-time location systems for the healthcare and industrial market. Stanley intends to use the 200 employees of AeroScout to establish an R&D center in Israel built around the existing AeroScout framework.  Stanley is headquartered in New Britain, Connecticut, […]

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Latest News Israel News

FOUR ISRAELIS CHOSEN FOR “GIRLS IN TECH 100 IN EUROPE”

Four Israelis made the list of the 100 most influential women in high tech in Europe drawn up by the UK branch of Silicon Valley-based Girls in Tech, which seeks to promote women in high tech.  Girls in Tech London picked the top women in 19 countries – the UK, Ireland, Spain, France, Germany, Italy, […]

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Latest News Israel

Have an invention? Meet an investor in Israel

  Israelis love to invent things. Last year, the number of patents granted to Israeli companies in medical instrumentation put it first globally in relation to population size and fourth in terms of number of patents. In relation to its population, Israel consistently ranks tops in the world for bio-pharma and life sciences patents. So […]

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Latest News Israel

Israelis see business ties with Egypt continuing

The day after the declaration that Muslim Brotherhood candidate Mohamed Morsi is the winner of the presidential election in Egypt, many questions hang over the future of relations between Egypt and Israel, relating both to diplomacy and security, and to business. Frequent closures of the Nitzana Border Crossing to the flow of goods because of […]

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Latest News Israel

Consumers tighten belts

Supermarket sales in the three weeks after the Shavuot holiday were 0.9% less than in the corresponding weeks last year, reports Storenext. Dairy products sales were down 1.5%, beverages sales were down 1.4%, and personal care product sales were down 3.6%. “The period after Shavuot was terrible. It was very hard. June began very badly,” […]

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State Library of Queensland Selects Ex Libris Alma

SLQ becomes the first state library worldwide to adopt the Ex Libris nextgeneration library management service Adelaide, Australia—June 18, 2012. Ex Libris® Group, a world leader in the provision of library automation solutions, is pleased to welcome the State Library of Queensland to the Australia and New Zealand early-adopter program for the Alma library management […]

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Latest News Israel

Israeli company grows new bones from fat

Make no bones about this technology: Bonus Biogroup, a regenerative medicine company in Israel, has found a way to grow human bone from a patient’s own fat, culled during liposuction. Following successful pre-clinical testing, clinical trials will begin within the next year in Europe or in Israel on applications ranging from growing bones for dental […]

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Latest News Israel

Social network referrals co Zao raises $1.3m

Job referrals social network Zao Ltd.has raised $1.3 million in its first financing round. Orens Capital founding partner Oren Zeev led the round, joined by other private investors, including Orens Capital partner Oren Dobronsky, Zohar Gilon, Time Warner EVP Gary Ginsberg, Audible Inc. CEO Donald Katz, Robin Klein and Saul Klein. Zao says that it […]

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Latest News Israel

British Airways considers smaller planes for Tel Aviv route

British Airways plans to switch to Boeing 767s on its London-Tel Aviv route with the smaller Airbus 320s on the route this winter. The change will affect the passengers’ flight experience and quality of service, due to the switch from a wide-bodied airliner to a narrow-bodied plane, and the elimination of first class and a […]

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Latest News Israel

Tshuva again seeks to delist Delek Energy

Delek Group Ltd. (TASE: DLEKG) today published a new offer to purchase for Delek Energy Systems Ltd. (TASE: DLEN) and delist the company from the TASE. The offer totals NIS 837 million, most of which will be paid in shares of Delek Energy gas exploration subsidiaries Avner Oil and Gas LP (TASE: AVNR.L) and Delek […]