As reported in Globes; This is the fourth straight year that Deloitte has rated Israel in second place for startup investment after the US. Israeli high tech has been breaking records in recent years, with venture capital funds raising huge sums and startups enjoying generous valuations. This is a worldwide trend, but investors have greater […]
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On 17 September 2015 the Treasurer announced Australia’s intention to commence tax treaty negotiations with Israel. The negotiations will seek to conclude a new tax treaty to reduce the incidence of double taxation, provide greater tax certainty for businesses and enhance the integrity of both countries’ tax systems. Australia’s Treasury invites public submissions on issues […]
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Reinventing Innovation
As reported in the Jerusalem Post: Israel’s Chief Scientist Avi Hasson tells how he’s working to keep Israel ahead of the curve when it comes to spurring Israeli creativity. Before Israel was the start-up nation, before it was known for cutting-edge innovation and world-beating technology, it was somewhat of an economic basket case. The government […]
As reported in Israel 21C: Acquisition of Valtech Cardio by America’s HeartWare International marks biggest deal for an Israeli med tech company ever. A mega acquisition deal worth roughly $929 million of Israeli replacement heart valve maker Valtech Cardio by HeartWare International has Israel’s startup sector buzzing with excitement. The US-based heart technology company announced late […]
As reported in Globes: The acquisition of the Or Yehuda valve repair device company includes shares and milestone payments. The Israeli company was founded in 2006 and has 50 employees, according to IVC. The company was founded by CEO Amir Gross, Yossi Gross, and Peregrine Ventures headed by Eyal Lifshitz and Boaz Lifshitz. Based in […]
According to figures published recently by the cyber-task-force which is part of the prime minister’s office, in 2014 Israeli companies sold around $6 billion of internet-security software, equivalent to about a tenth of the entire worldwide sales of such stuff. The global sales of Israeli weapons systems was down to $5.7 billion The number of […]
The deal, the largest ever acquisition by an Israeli company, is in cash and shares. As reported in Globes: Teva Pharmaceutical Industries Ltd. has announced the largest ever acquisition by an Israeli company. Following a report in the “Wall Street Journal” of negotiations on the deal, and the suspension of trading in Teva stock on the […]
Research and development is the bedrock of innovation. A big investment in R&D indicates a thriving and entrepreneurial industrial spirit, and figures from the Organisation for Economic Cooperation and Development (OECD) highlight the countries spending the most – and least – on this important driver of economic growth, which covers three activities: basic research, applied research […]
With its development center in Tel Aviv, the cyber security company has raised $49.5 million to date. As reported in Globes: Microsoft Inc. has reportedly decided to acquire Israeli cloud security company Adallom for a price believed to be in the region of $320 million. If the deal is completed at that price, then this […]
The Kfar Saba startup has developed technology for operating a computer through hand and finger gestures. As reported in Globes: Facebook is acquiring Israeli startup Pebbles Interfaces, which has developed technology for operating a computer through hand and finger gestures. Pebbles Interfaces has raised $16 million to date from companies like leading Chinese mobile manufacturer […]
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