Israeli nuclear scientists optimistic CERN, which proved the existence of the ‘God particle,’ will ultimately vote them in despite EU restrictions against Israel.
The Star of David could join the 20 other flags of the European Organization for Nuclear Research, or CERN, if the organization that runs the world’s largest particle physics lab votes Israel in.
The magnet core of the world’s largest superconducting solenoid magnet at the European Organization for Nuclear Research (CERN)’s Large Hadron Collider (LHC) particle accelerator. – Photo: AP
CERN’s governing council, made up of representatives from each member nation, meets on December 12. Continue Reading »
Having built the plant 15 years ago, this purchase marks a full circle for Intel, who later developed a much larger facility next door that today serves as the basis for its Israeli manufacturing operations.
The U.S. semiconductor company Intel said Sunday it had signed an agreement to take over the chip-making plant owned by Micron in Kiryat Gat and would retain most of its staff.
The Micron plant in Kiryat Gat, adjacent to the Intel plant. – Photo: Eliyahu Hershkovitz
The acquisition marks a full circle for Intel, which built the plant 15 years ago, but later developed a much larger facility next door that today serves as the basis for its Israeli manufacturing operations. Continue Reading »
Israeli Startup, one of Israel’s most promising companies which develops streaming media devices and services, fails to recoup the $30 million invested in it.
Samsung is buying Israeli start-up Boxee for tens of millions of dollars, but for less than the $30 million that was originally invested in the company.
The Boxee Box, powered by D-Link. – Photo: Bloomberg / Haaretz Archive
Several weeks ago, Reuters’ news site VentureBeat reported that the startup, which develops streaming media devices and services, was looking for a buyer after a failed attempt to find new funding. Continue Reading »
Intel is in negotiations to buy Omek Interactive, a Beit Shemesh-based start-up that develops software that creates an interface for identifying gestures through the use of 3-dimensional cameras.
The multinational chip giant Intel is reportedly in negotiations to acquire Omek Interactive, a Beit Shemesh-based start-up that develops gesture-recognition and tracking technology.
Intel’s offices in Israel.- Photo by Courtesy of Intel Israel
Intel competitors Qualcomm and Samsung are also considering bidding on the Israeli company, according to a report published Friday by the website VentureBeat. The article quoted one source, however, as saying a bidding war for Omek is unlikely. Continue Reading »
2012 had 50 deals with an average deal size of $111 million, compared with 63 deals with an average size of $81 million in 2011.
By Ben Rooney
Israeli tech startups were bought out for a record total of $5.5 billion in 2012, according to a report published Monday. The report also suggests a maturity in the Israeli sector with fewer, but larger, deals transacted.
The report by analysts PricewaterhouseCoopers showed 2012 had 50 deals with an average deal size of $111 million, compared with 63 deals with an average size of $81 million in 2011. The report didn’t cover IPOs. Continue Reading »
State of Israel has successfully launched 13 satellites that have collectively accumulated 66 orbiting years & has achieved 100% success in all orbit missions.
Israel is among the global leaders in many areas of space exploration, such as the possession of an extensive satellite system for research purposes.
Amos5 geostationary satellite attached to rocket – Photo: REUTERS
Science and Technology Minister Daniel Hershkowitz briefed other ministers at Sunday’s cabinet meeting on the nation’s activity in space and satellites, stressing the areas in which the country is a leader as well as its cooperative activities in the fields with other nations. Continue Reading »
US gov’t recruited assistance of Israeli-developed app Waze, to deal with fuel shortages along the East Coast in disaster aftermath of Hurricane Sandy.
The U.S. government and the Federal Emergency Management Association (FEMA) recruited the assistance of an Israeli-developed smart-phone app to deal with gasoline shortages on the East Coast in the aftermath of Hurricane Sandy.
people stand in line for gas after Hurricane Sandy – Reuters
The government agencies called the offices of the navigation app Waze, which combines elements of social networking to assist drivers, and asked for assistance in determining where to send gasoline trucks in New Jersey, the technology news website GigaOM reported. Continue Reading »