As reported in Globes.co.il: Finance Minister Yuval Steinitz: This is an important day for the Israeli economy. “This is definitely an important day for the Israeli economy. Over 30 years ago, a company called Intel decided to set up in Israel a small unit with 20 scientists. The result was that very large high-tech companies came […]
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As reported in Port2Port: According to the research the local hotel industry contributed to economic growth and to employment in the country’s periphery. Value-added tourism services were estimated (in 2007) at some NIS 12 billion A research by the Bank of Israel, citing the important role tourism plays in the Israeli economy, says that Israel […]
World-leading optical connectivity company Corning Inc has acquired Israeli wireless network solutions developer MobileAccess Ltd. MobileAccess, formerly Foxcom Wireless, was founded in 1998. The company develops distributed antenna system (DAS) solutions for wireless telecommunications coverage inside buildings. MobileAccess’ customers include AT&T Inc. (NYSE: T), Verizon Corporation (NYSE: VZ), and Deutsche Telekom AG (NYSE: DT; DAX: […]
As reported in IVC: 16 Israelis made this year’s “Forbes” The World’s Billionaires list, up from 10 last year. 16 Israelis made this year’s “Forbes” The World’s Billionaires list, up from 10 last year. Sammy Ofer and his family, with its controlling interest in Israel Corporation (TASE: ILCO) and global shipping interests, has a fortune […]
The Israeli Ministry of Transport And Road Safety , Cross Israel Highway Ltd and the Ministry of Finance Hereby Invites Entities and consortia from the private sector in Israel and abroad, to participate in a pre-qualification process of a BOT tender for the design, finance, construction, operation and maintenance of Cross Israel Northern Highway “Yokneam-Somech” […]
CSR, a provider of chips for wireless technologies, is acquiring a 65 percent share in Zoran Corporation, an Israeli maker of technology for digital photography and video, for about $679 million in stock. CSR, a 12-year-old company based in Cambridge, England, is a supplier of wireless connectivity and location chips. It sells Bluetooth, GPS, FM, […]
A Committee to Examine the Fiscal Policy on Oil and Gas Resources in Israel recently recommended a new fiscal structure that ensures the cash flow of projects during the debt repayment period and reduces the state’s share in profits on par with other countries. The committee’s suggestions, which take into consideration feedback from the public, […]
AFCV Holdings, a unit of private equity firm Summit Partners, bought Answers Corporation’s community-generated Q&A site Answers.com for $127 million in cash. The web answers search engine, one of the world’s leading Q&A sites with 5.5 million registered members as of November 2010, was established in 1999 and recently hit its 10 million answers. Summit […]
As reported in Israel21C: “It is amazing to be here, in this place,” say the men, who were invited on a Pilgrimage of Thanks following their 68-day ordeal trapped underground. It was dubbed a “Pilgrimage of Thanks,” as 25 of the 31 Chilean miners rescued from a collapsed mine last October traveled to Israel for an […]
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Green Buildings Breakfast – Presentations
Many efficiency related technologies evolved from pioneering research and development efforts of Israel’s high-tech and military sectors. As cleantech grows to become a more prominent sector locally and globally, Israel’s entrepreneurs will increasingly harness agriculture, high-tech and other cross-over technology to increase efficiency across a wide spectrum of industries, and continue to place Israel as […]
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