An agreement was signed recently at the office of MOITAL Minister, Binyamin Ben-Eliezer in Jerusalem authorizing an R&D collaboration initiative with the American pharmaceutical and medical equipment giant, “Abbott”. MOITAL Managing Director, Sharon Kedmi: “The fact that a company of this magnitude joins us in collaboration is a landmark both for the local biotech industry […]
Category: News
Reported by Israel semicon industry portal: Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has signed a definitive agreement to acquire Percello Ltd., a privately-held company that develops system-on-a-chip (SoC) solutions for femtocells. Femtocells are small, low power cellular base stations that extend coverage indoors […]
As reported in Globes: Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) has acquired Théramex and related companies, the women’s health products division of Germany’s Merck KGaA (DAX: MRK) unit Merck Serono, for €265 million, plus milestone payments. Teva will fund the acquisition from its internal resources, and expects to close the deal by the […]
As reported in Globes: Sources inform “Globes” that investment firm Citi has won a government tender, and bought the government’s entire remaining 11.7% stake in Israel Discount Bank (TASE: DSCT). The shares were then sold to foreign and local institutional investors, with Citi distributing the shares to foreign investors, and investment house IBI distributing the […]
As reported in Israel21C: Israel is No. 2 in the world in social network use, with the average time spent on social networks per user reportedly 9.2 hours a month, according to Internet marketing research company ComScore. ComScore reports that Russian Internet users are the world’s most active users of social networks, with Israel in […]
As reported by IVC: Technion and Innowattech Energy Harvesting Systems develop way to detect overloaded trucks quickly and efficiently. Truck drivers beware. A new technology developed by the Israel National Roads Company (INRC), together with researchers from the Technion and Innowattech Energy Harvesting Systems, enables vehicles to be weighed while in motion, meaning that overloaded […]
Boaz Hirsch, Chair of the Kimberley Process for 2010 and Deputy Director General for Foreign Trade in Israel’s Ministry of Industry, Trade and Labor, granted the Israel Diamond Institute an interview to discuss the issues concerning the KP just prior to the 2010 Plenary session, due to be hosted by Israel in Jerusalem between the […]
As reported in Globes: El Al Israel Airlines Ltd. (TASE:ELAL) is launching new low cost flights this fall from Luton Airport near London to Ben Gurion Airport. The round trip fare for the “Star Choice” flights is ₤275 return for travelers purchasing tickets before October 31 for flights between November 1 and December 15, 2010. […]
As reported in Globes: Sources inform ”Globes” that Barclays Bank plc (LSE: BARC), one of the world’s most important banks, is opening a branch in Israel. Last month, Barclays’ representatives submitted the necessary paperwork to the Bank of Israel Banking Supervision Department, and approval is expected quickly. Barclays intends to focus on corporate banking, especially […]
As reported in Globes: All large Internet companies have been trying in recent months to fight back against Google Inc. (Nasdaq: GOOG) in its core business areas, such as search engines. For this purpose, they have made alliances, such as Facebook and Bing, the search engine of Microsoft Corporation (Nasdaq: MSFT), and between Microsoft and […]
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