Pohang Iron and Steel Company, Korea’s fifth largest conglomerate also known as Posco, joined Israel’s Global Enterprise R&D Cooperation Framework. Posco, today the world’s second largest steel producer and ranked 272nd in the Fortune 500, is both the first Korean firm as well as the first company from Asia to join the Israeli framework. The […]
Category: News
PMC-Sierra, a premier Internet infrastructure semiconductor solution provider, is purchasing Wintegra Inc., a leading Israeli provider of highly integrated network processors optimized for mobile backhaul, 3G and 4G wireless and wireline broadband networks. PMC-Sierra is buying Wintegra for a net purchase price of $213 million and will pay up to an additional $60 million based […]
Broadcom Corporation, a global leader in semiconductors for wired and wireless communications, is acquiring Percello Ltd., a developer of system-on-a-chip (SoC) solutions for femtocells. Femtocells are small, low power cellular base stations used in residential and enterprise business settings that communicate with a service provider’s network through a broadband connection and extend coverage indoors where […]
Internet giant Yahoo is acquiring Israeli display ad optimization technology developer start-up Dapper for $55 million. Dapper currently partners with Sunnyvale, California-based Yahoo and following the acquisition its development center in Ramat Gan will become Yahoo’s development center in Israel. Dapper, which was founded in 2006, developed a technology platform that enables advertisers and agencies […]
Ernst & Young (E&Y), one of the “Big Four” global auditors, forecasts Israel will have 24 mergers and acquisitions in 2010, worth about $1.75 billion, higher than the 17 deals made in 2009 for $1.5 billion. During September and October alone, 13 Israeli companies were bought in multi-million dollar deals, including seven in October, and […]
As reported in IVC: Amiad CEO Arik Dayan: The existing infrastructure of Taixing will allow us to penetrate new markets in China. Amiad Filtration Systems Ltd. (LSE:AFS), which produces and supplies water filters and filtration systems for the industrial, municipal and irrigation markets, announced today that it has acquired the remaining 50% of its Chinese […]
As reported in IVC: Officials from homeland security agencies from around the world met with representatives of dozens of Israeli companies. Organizers of the First Israel Homeland Security International Conference in Tel Aviv believe that contracts formulated during the conference will exceed $400 million. At least 800 business meetings were held during the last two […]
As reported in IVC: EUREKA’s decision-makers approve €51 million in investments in 56 projects submitted by network’s member countries Assembled in Tel Aviv for the first event held in Israel under the EUREKA Chairmanship year, EUREKA‘s High Level Group Representatives and National Project Coordinators approved a series of promising cooperative R&D projects in a variety […]
As reported in IVC: NanoIsrael 2010: “Israel Is on Its Way to Turn into a Leading Nano–Technology Nation” A three-year support of Nano-Technology as an Israeli national project has resulted in: 52 leading scientists have immigrated to Israel, 77 million dollars have been invested in equipment, 41 million dollars have been invested in infrastructure, 106 […]
As reported in IVC: Migdal H’aemek company HTS’s Container Code Recognition system controls half of the international market. On Sunday, Israel begins to host the first three-day International Homeland Security Conference, showcasing locally developed and manufactured solutions to terrorism threats before security experts and decision-makers from around the world. One of the companies that will […]
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