Telstra has extended its global innovation footprint with the telco’s start-up incubator muru-D forging a brand new partnership with Tel Aviv-based accelerator program, The Junction. As published in The Australian on 2/2/16; The alliance extends muru-D’s global network and according to president of Telstra Software Group and muru-D co-founder Charlotte Yarkoni, The Junction will play […]
Tokyo, Japan – Sony Corporation (“Sony”) is announcing that it has reached an agreement with Altair Semiconductor (“Altair”) and its major shareholders to acquire the company. The purchase price is $212 million USD. Sony expects to complete the acquisition in early February, 2016. Altair, an Israel-based company, owns modem chip technology and related software for LTE […]
Israeli high-tech capital raising soars to $4.43B in 2015; 30% above 2014’s previous record. Key Stats: Phenomenal quarterly results in Q4/2015– $1.2B raised VC-backed deals capture majority of investments in 2015, with $3.2B – up 36% from 2014 Israeli VC fund investments grow, while their share is down to 15% of total capital in 2015 […]
Smart tech agriculture technology firm Phytech gets unspecified investment and is exporting to America. As reported in No Camels; Sygenta, one of the world’s biggest agriculture technology businesses, along with Japan-based Mitsui, one of the world’s biggest corporate groups, are banding together to invest in an Israeli agriculture tech company. Phytech, which has developed an […]
Israeli startups were sold for a total of $9.02 billion in 2015, a 16 percent jump from 2014, according to a new report by Israel-based IVC Research Center and law firm Meitar Liquornik Geva Leshem Tal. As reported in No Camels; Last year saw the third-highest exit sum in the last decade, with 2006 at No.1 and […]
Whether it is Mobileye’s driver-less car technologies, or the smart garden system from GreenIQ, the Israeli companies showcasing this week at CES 2016 are wowing the crowds with their cool products, apps and gadgets. As reported in No Camels; The annual Consumer Electronics Show (CES) held in Las Vegas this week is showcasing 3,600 exhibiting companies, including manufacturers, developers and suppliers […]
Economy Ministry’s Multinational Corporations (MNC) program, led by the Chief Scientist, and Commonwealth Bank of Australia to fund fintech R&D. As reported in International Business Times by Anne Lu; Commonwealth Bank of Australia’s new deal with Israel’s financial technology company to fund joint research and development projects, signed last month, would be mutually beneficial to […]
End-of-year exit reports show rise in investments. As reported in Israel21C; Israeli high-tech startups were red hot in 2015, and are entering 2016 as exciting commodities for investors worldwide, according to numerous end-of-year market reports. Forbes, the World Economic Forum and the Heritage Foundation all rank Israel among the 30 best economies in the world […]
Fresh from British success with its aeration recycling system, Israeli green tech firm Mapal Green Energy recently signed its first major contract in Australia – supplying a system to beverage maker Schweppes to clean up industrial waste from its factories throughout the country. As published in No Camels; Mapal will work with a local engineering […]
Knesset Finance Committee accepts a revision to the Angel Law that will encourage investment in Israeli startups. As reported in Globes; The Knesset Finance Committee approved an amendment to the Angel Law on Tuesday, granting significant tax benefits to startup investors. Under the revised legislation, a new course will be added to the angel investor […]
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