Tag Archive for Israel high-tech

| November 10, 2016
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Israel Aerospace Industries signs $15 million global cyber protection for Asian client 

 

Israel’s multimillion dollar contract with one of its major Asian clients is for the development of “advanced, national level, strategic cyber solution,” to deal with current and future global cyber challenges.

By Israel Hayom Staff

 

Israel Aerospace Industries has announced that it has signed a $15 million contract with one of its major Asian clients for the development of by cyber security solutions.

cyber-security-photo-israelandstuffpp

Inserting code, cyber security – Photo: IsraelandStuff/PP

A statement posted on IAI’s website said the contract is “for an advanced, national level, strategic cyber solution, which combines cellular systems and cyber and includes establishing an intelligence center and infrastructure and providing unique sensors.”

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Category: Israel News | Tags: , , , ,
| June 15, 2016
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Google chief: Israel’s tech 2nd only to America’s Silicon Valley

Formerly Google chief executive Eric Schmidt says, “For a relatively small country, Israel has a super role in technological innovation.”

By AFP

 

A top Google official on Tuesday hailed Israel’s tech sector, saying it trailed only Silicon Valley in the United States when it comes to “initiatives.”

Google - Israel

Eric Schmidt, formerly Google chief executive and now executive chairman of its parent company Alphabet, said Israel, a country of only around eight million people, was punching far above its weight in technology.

“For a relatively small country, Israel has a super role in technological innovation,” he told an audience at Google’s offices in the commercial capital Tel Aviv. Continue Reading »

Category: Innovations & Discoveries, Israel News | Tags: ,
| May 3, 2016
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Israeli teens take 2nd place at international high school robotics competition

view videoHigh school team from Binyamina, Israel takes 2nd place at the annual FIRST competition of 4,000 teams from 24 countries competing to assemble robots that complete set challenges.

By Ilan Gattegno

 

An Israeli high school team from Binyamina, near Haifa, came in second at the prestigious FIRST Robotics Competition in St. Louis, Missouri, held April 27-30.

The Binyamina team at the FIRST Robotics Competition

The final match was a showdown between the Orbit team of students from Binyamina’s Rothschild-Hashomron High School, and an American team. Although it ended in a 2:2 draw, the defending American champion came on top due to a technicality. Continue Reading »

Category: Israel News, The Diaspora | Tags: , ,
| April 26, 2016
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Fox Reports: Israeli Terrorist-Tracking Technology Boycotted by French Official

 

Israel counter-terrorism program that may have helped thwart the deadly November 2015 attacks that left 130 dead in Paris & also the March bombings in Brussels that killed over 30 people was liked by “French authorities…but the official came back & said there was a higher-level instruction not to buy Israeli technology.”

By JPOST.COM STAFF

 

Terrorist-tracking technology offered by an Israeli company to French security officials could have helped detect the Islamic State terror cells that carried out attacks in Paris last year and more recently in Brussels, Fox News on Monday cited an anonymous Israeli security expert as saying. Continue Reading »

Category: Israel News | Tags: , , ,
| February 20, 2016
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Barcelona telecom expo to host 150 Israeli companies

 

The Israel Export & Int’l Cooperation Institute’s pavilion will feature 140 of the 150 Israeli companies, and overall, one of every 13 booths will be represented by an Israeli telecom concern.

By Ilan Gattegno

 

Some 150 Israeli companies will be featured in the GSMA Mobile World Congress in Barcelona next week, one of the world’s top telecom exhibitions. The Israeli companies make up the conference’s fourth-largest delegation, after the U.S., Britain and France.

One of every 13 booths in the Mobile World Congress will be hosted by an Israeli company [Illustrative] – Photo: Reuters

Scheduled to be held Feb. Continue Reading »

Category: Innovations & Discoveries, Israel News | Tags: , ,
| November 2, 2015
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Israel invited to join int’l unit to combat terror financing & covert money-laundering

 

Joining the global task force gives Israel added credibility, acknowledging it’s a more secure place for investments, and will increase binational cooperation that Israel can expect from other countries.

By YONAH JEREMY BOB

 

The Justice Ministry on Monday announced that Israel has been selected to join an elite global task force for combating terror financing and money-laundering, with the force’s top officials currently visiting Israel.

Money – Photo: INGIMAGE/ASAP

Joining the group makes Israel viewed as an even more attractive and safe place for investments and increases the cooperation and legal assistance that Israel can expect from other countries, said the ministry. Continue Reading »

Category: Innovations & Discoveries, Israel News | Tags: , , , , ,
| July 20, 2015
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Report: Microsoft Pays $320mil to Acquire Israeli Tech Security Adallom

Calcalist reports software giant closes its largest Israeli acquisition that will serve as basis of Microsoft’s upcoming cyber center in Israel.

By Meir Auerbach

 

Software giant Microsoft has bought Israeli cloud security company Adallom for $320 million, making it the largest acquisition made by the company in the country, according to Ynet’s sister publication Calcalist. 

 

Until now, Adallom has raised 50 million dollars from venture capital firms Sequoia Capital and Index Ventures, Zohar Zisapel, EMC Corporation and HP. According to estimates, Adallom is expected to serve as a basis for the establishment of Microsoft’s cyber center in Israel.

This is the second cyber company Microsoft has bought in the last year: at the end of 2014 it acquired the cyber security firm Aorato for 200 million dollars and has since bought N-trig for several tens of millions of dollars and Equivio for 50 million dollars. Continue Reading »

Category: Innovations & Discoveries, Israel News | Tags: , , ,
| April 29, 2015
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Apple to expand even further in Israel

Apple’s Israeli research center already 2nd largest outside of its California campus, but newly added expansion into planned development center sees Apple adding 100s of additional Israeli workers.

By Ari Yashar

 

Apple, the iconic global technology giant, is further building its presence in Israel by expanding the size of the offices in its new Herzliya headquarters.

Apple (file) – Reuters

According to a report in the Hebrew language The Marker on Wednesday, Apple has decided to increase the size of its second Herzliya research building to be built later this year by no less than 4,000 meters.

The extra office space is estimated to allow for the employment of 150 to 250 new Israeli employees.

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Category: Israel News | Tags: ,
| March 24, 2015
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Israel to host 5,000 techies from 50 countries at Cybertech 2015 conference

The 2-day cyber security exhibition in Tel Aviv will feature 100 Israeli startup enterprises that will present new developments & breakthrough technologies.

By Ilan Gattegno & Israel Hayom Staff

 

Cybertech 2015, one of the biggest international cyber solutions conferences in the world, is scheduled to take place in Israel this week. The conference, organized by Israel Defense magazine and co-sponsored by the National Cyber Bureau at the Prime Minister’s Office, the Foreign Ministry, and the Economy and Trade Ministry, will be held at the Tel Aviv Convention Center on March 24-25.

With progress and innovation come cyber threats. The Cybertech 2014 conference – Photo: Screenshot: Cybertech 2015 website

According to the organizers, over 5,000 people are expected to attend the two-day conference, described by Israel Defense as “a summit of leading cybertech and cyber security companies and officials from Israel and the world over.”

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Category: Innovations & Discoveries, Israel News | Tags: , ,
| March 11, 2015
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New Israeli app streams live video feed to Twitter followers from iPhone

Meerkat, originally a side project by Israeli high-tech ‘Life on Air’, is becoming a massive success on Twitter since its release.

By Sagi Cohen

 

Meet Meerkat, the new Israeli app that has achieved almost overnight success, has taken Twitter by storm, and has earned widespread coverage in the media and on websites around the globe.

Meerkat

Meerkat allows Twitter users to stream video of themselves or their surroundings to their followers with just the touch of a button. How does it work? You download the app to your iPhone and begin filming a video clip. At the same time, your Twitter account will automatically post a Tweet with a special link.

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Category: Innovations & Discoveries, Israel News | Tags: , , ,
| January 23, 2015
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Amazon in negotiation to acquire Israeli chip-maker Annapurna Labs

Annapurna Labs, based in Yokneam, has been operating in secrecy ever since it was launched in 2011, with managers refusing to divulge company’s operations or the products it develops.

By Meir Orbach & Assaf Gilad

 

After the announcement that cloud storage giant Dropbox acquired Israel-based startup CloudOn, another Israeli company may be bought out by a big name oversees. According to Calcalist, Amazon is in negotiations with the Israeli chip-maker Annapurna Labs, based in Yokneam – the lower Galilee locale that has come to be known as “startup village” because more than 100 tech-companies, which export billions of US dollars annually, call it home. Continue Reading »

Category: Innovations & Discoveries, Israel News | Tags: , ,
| January 20, 2015
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Israel’s high-tech boom is double-edged sword on local economy

As foreign companies are acquiring the ‘Start-up Nation’s high-profile companies that were providing hundreds of jobs locally, Israel’s market is being brain-drained as they move abroad.

By Reuters

 

Israeli entrepreneur Avi Brenmiller says he was coaxed by investors into selling Solel, his solar-thermal power firm, to Germany’s Siemens for $418 million in 2009. Today, little is left of it after Siemens pulled out of the business.

ScanDisk in USB port – IsraelandStuff/PP

From a thriving company that employed over 500 people, Solel has been reduced to a factory with 50 workers. Brenmiller’s experience is one of a growing number of cases illustrating the double-edged nature of Israel’s high-tech boom. Continue Reading »

Category: Innovations & Discoveries, Israel News | Tags: , , , , , ,
| January 20, 2015
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China’s Alibaba Concludes Major Investment Deal With Israeli Start-up

Chinese e-mega-giant Alibaba invests into Israeli high-tech start-up, in latest economic collaboration with Asia.

By Arutz Sheva Staff

 

Chinese e-commerce giant Alibaba has made its first investment in an Israeli company by funding start-up Visualead, a provider of QR code technology, the companies said in a statement Tuesday.

Deal! – Thinkstock

QR, or quick response, codes are a type of barcode.

Alibaba and Visualead have also entered into a strategic cooperation agreement, the statement said, but gave no figure for the investment.

The deal will allow Alibaba to use Visualead’s technology across its platforms, it said. Visualead will use the funding to develop its next
generation of technology enabling offline to online business.

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Category: Israel News | Tags: , , , ,
| December 15, 2014
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Israeli high-tech maybe exiting itself to death for quick profits

An Israeli expert on technology transfer to foreigners warns of long term harm by Israeli startups that sells new technologies for a quick buck.

By Monika Rozalska

 

There are more than 3,000 high-tech companies and startups in Israel, making it the largest startup hub in the world in proportion to its population. Israel also has the highest venture dollar/GDP ratio in the world, seven times higher than in the US.

David Artzi, former head of Israel Aerospace Industries – Photo: i24news

 Nevertheless, there are only a few good examples of Israeli companies which succeed in ensuring that their brand (or at least their core R&D) stays in Israel.
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Category: Israel News | Tags:
| November 25, 2014
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Israeli Tech Briefs – U.S. President Awards Israeli for High-Tech Innovation

President Obama presents highest U.S. honor for technological achievement to Eli Harari, co-founder of SanDisk, whose company pioneered the use of flash computer storage technology.

By Amitai Ziv and TheMarker

 

SanDisk co-founder Eli Harari, whose company pioneered the use of flash computer storage technology, has won this year’s National Medal of Technology and Innovation, the highest U.S. honor for technological achievement.

“One month after Neil Armstrong landed on the moon, Eli Harari came to America from Israel to study the effects of radiation on electronics in space,” U.S. President Barack Obama said at the award ceremony last week. “The physics he learned as a PhD student at Princeton led him to co-found SanDisk, and, eventually, to the creation and commercialization of flash storage technology.”

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