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Amdocs acquires Bridgewater for $215m

As reported in Israel 21C: Amdocs has acquired Canada’s Bridgewater Systems for about $215 million in a deal that will improve its phone-billing software business. Bridgewater provides network control solutions for mobile and convergent service providers. “As the market leader in customer experience systems, Amdocs has an excellent reputation for delivering tangible value to service providers […]

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Latest News Israel News

10,153 millionaires in Israel

As reported in Globes.co.il: The number of millionaires rose 20.6% in 2010, according to Merrill Lynch and Capgemini’s “2011 World Wealth Report.” Israel had 10,153 millionaires in 2010, 20.6% more than the 8,419 millionaires in 2009, according to Merrill Lynch and Capgemini’s “2011 World Wealth Report”. The millionaires’ aggregate disposable income rose to $52 billion in […]

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Challenges Facing the Mining Industry

The past decade has seen an increasing number of challenges faced by large mining companies worldwide. Can Israeli Defense technology help solve some of them? Australia’s thriving resources sector is the country’s largest single export sector. Resource commodities including coal and iron ore made up around 40 per cent of Australia’s exports. The minerals and […]

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Tourism News from Israel

Shore to shore, at Israel’s national parks

 (By Avigayil Kadesh)  Israel may be tiny, but there are more than 250 designated Israeli nature reserves and parks in locations ranging from snow-capped peaks to deserts, and the figure is growing every year  Looking at Israel on a map, it’s hard to imagine how hundreds of nature reserves could fit into this tiny country […]

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Tourism News from Israel

Breathtaking Jerusalem Marathon 2012

Following the success of the first International Jerusalem Marathon in March 2011 in which over 10,000 runners from more than 40 nations participated, plans are already underway for the 2012 marathon on 16 March. The events include a full marathon, a half-marathon and a 10K run – all of which pass through Jerusalem’s unique landscape, […]

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Latest News Israel News

Ormat to build 45-MW geothermal plant in New Zealand

This is Ormat’s third project in New Zealand announced in the past few months. Ormat Industries Ltd. US subsidiary Ormat Technologies Inc. has signed a 45-megawatt BOT (Build, Operate and Transfer) agreement with New Zealand’s Tikitere Geothermal Power Ltd. (TGL) to build and operate a a geothermal power plant in the Tikitere geothermal area near […]

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Latest News Israel News

Hadasit Bio lists on Wall Street

As reported in IVC: Beginning today, the company’s American Depository Shares are listed on the Bulletin Board under the ticker “HADSY”. Hadasit Bio Holdings Ltd. (TASE:HDST), the biotech arm of Hadasit – the Technology Transfer Company of Hadassah Medical Organization yesterday obtained permission from the US Securities and Exchange Commission (SEC) to list on Nasdaq. […]

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Latest News Israel News

A lollipop to banish bad breath

As reported in Israel 21C:  Israeli startup Breezy has developed a patented mint candy to keep breath fresh for up to four hours, with the help of microcapsules that gently clean the tongue. Those old mouthwash commercials had it right: Bad breath, as clichéd as it sounds, really is a big problem. If it weren’t, […]

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Latest News Israel News

Nano Retina develops bionic retina for visually impaired

As reported in Israel 21c: A two-year-old Israeli company is pairing electrodes with living neurons in the eye to create bionic sight for the vision impaired, in a nanotech development that sounds more like science fiction, than real life. Nano Retina, operating since 2009 in Herzliya, is now manufacturing an R&D prototype of the development. […]

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Latest News Israel News

Teva signs $4b credit line to fund Cephalon acquisition

As reported in Globes: Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) has signed a $4 billion credit with a banking syndicate to finance its $6.8 billion acquisition of Cephalon Inc. (Nasdaq: CEPH). HSBC Holding plc (LSE: HSBA; HKSE: 005; NYSE, Paris: HBC) is heading the syndicate of European, US, Canadian, and Israeli banks, which […]