Monthly Archives: February 2015

Apple’s new Israeli offices

Posted on February 22, 2015

(M) Take a look inside Apple’s new offices for its 800 employees in Herzliya.  Apple’s CEO Tim Cook is scheduled to open the offices this week. http://9to5mac.com/2015/02/16/apple-israel-offices-gallery/

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Infosys to buy Israeli auto-tech company

Posted on February 22, 2015

(M) India’s giant IT company Infosys is acquiring Israel’s Panaya Inc for $200 million in cash.  Panaya was among the top 100 global tech start-ups in 2009.  It provides automation technology for companies such as Mercedes Benz, Sony and Unilever. … Continue reading →

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Israeli business leaders open London Stock Exchange

Posted on February 22, 2015

(M) Sorry – I missed this originally. On 17 Nov 2014 a delegation of CEOs/CFOs from Israeli companies formally opened the day’s trading on the London Stock Exchange.   https://twitter.com/ukinisrael/status/534344480158388224

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The Rhode Island – Israel partnership

Posted on February 22, 2015

(M) Rhode Island has followed the path set by its New England neighbor Massachusetts and developed strong business relationships with the Startup Nation.  Latest joint projects include R-I Hospital with Israel’s Timocco and Crawford HPC with Israel’s Softwheel. http://m.providencejournal.com/article/20150213/NEWS/150219639/2011/OPINION/?Start=1

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Aiming to transform London’s banking

Posted on February 22, 2015

(M) 15 Israeli financial technologies startups will showcase their innovation to UK finance leaders in London on March 2-5.  The 15 won their places in the 2015 TeXchange Fintech challenge, organized by the UK Israel Tech Hub at the British … Continue reading →

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An all-Israeli cyber takeover

Posted on February 22, 2015

Israel’s strength in cyber security was evidenced when Israel’s SuperCom acquired Israel’s PreVision.  SuperCom’s NASDAQ share price has risen 1600% in two years. http://www.globes.co.il/en/article-supercom-buys-israeli-cyber-security-co-prevision-1000999265

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New car deliveries up 23%

Posted on February 22, 2015

Israeli demand for new cars is a key indicator of economic optimism.  So the 23% rise in deliveries in Jan 2015 compared to Jan 2014 (itself a record month) was significant.  http://www.globes.co.il/en/article-highest-ever-monthly-car-deliveries-1001006986

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GDP up 7.2%; exports up 7.3%

Posted on February 22, 2015

Israel’s economy expanded at its fastest rate in almost eight years in the fourth quarter, with overall GDP growing an annualized 7.2 percent, following previous estimates of 3.3%.  The recovery was seen in all segments – exports, Government spending, investment … Continue reading →

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The most efficient desalination plant in the world

Posted on February 22, 2015

(M) Israel’s new Sorek desalination plant is now at full capacity, producing 627,000 cubic meters of drinking water daily. With the lowest rate of energy consumption in the world, its water is the cheapest of any large-scale desalination plant. http://www.technologyreview.com/featuredstory/534996/megascale-desalination/

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Washington to host US-Israeli cyber security conference

Posted on February 22, 2015

The Israel Institute for National Security Studies (INSS) will hold its 5th annual Defensive Cyberspace Operations & Intelligence Conference and Exhibition in Washington, DC, April 27-28, 2015. This is the first INSS cyber conference to be held in the US. … Continue reading →

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