Monthly Archives: August 2015

Yet another fruity takeover

Posted on August 9, 2015

Israel’s Frutarom has made its 9th acquisition of the year by purchasing Florida’s Scandia Citrus for $6 million. Scandia Citrus specializes in R&D, manufacture, sales and marketing of specialty products in the field of citrus. http://www.frutarom.com/FrutaromNew/Templates/showpage.asp?DBID=1&LNGID=1&TMID=178&FID=618&PID=889&IID=2276 http://www.globes.co.il/en/article-frutarom-acquires-florida-co-scandia-citrus-1001056538

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The Global Entrepreneurship Summit

Posted on August 9, 2015

Ran Korber, co-founder and CEO of Israeli startup Breezometer represented Israeli innovation at the Global Entrepreneurship Summit in Nairobi, Kenya. The event was attended by about 1000 people from 120 countries, including US President Barack Obama. http://israelnewtech.com/2015/07/breezometer-represents-israel-at-president-obamas-global-entrepreneurship-summit/

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A $50 million deal

Posted on August 9, 2015

Israel’s Taboola has signed a 3-year deal worth $45 – $55 million with USA Today’s parent company Gannett. Taboola’s content recommendations will be seamlessly integrated across Gannett’s vast network of digital publishing assets in more than 110 markets. http://www.globes.co.il/en/article-taboola-teams-with-usa-today-publisher-gannet-1001058302 http://www.reuters.com/article/2015/08/05/us-taboola-gannett-co-idUSKCN0QA1GA20150805

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888 buys Bwin.party for $1.4 billion

Posted on August 9, 2015

Israel’s 888 Holding plc, which operates the world’s largest online casino and poker operation, is acquiring the British-Austrian Bwin.party Digital Entertainment for $1.4 billion. The merger will make 888 one of the most dominant players in the online gambling industry. … Continue reading →

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The first kibbutz startup accelerator

Posted on August 9, 2015

Kibbutz Revivim in Israel’s Ramat Hanegev is set to become Israel’s first kibbutz to launch a startup accelerator. “Hamadgera” (incubator) will uniquely offer three months free accommodation on the kibbutz for Internet and mobile startups participating in the program. http://www.globes.co.il/en/article-revivim-opens-first-kibbutz-startup-accelerator-1001055858

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Colossal failure is now much fitter

Posted on August 9, 2015

Israeli Benny Shaviv lost $4 million of venture capital on his first startup and had to sell his house to pay his debts. But his new startup Fitness22 is making huge profits without any funding, selling Benny’s innovative fitness apps. … Continue reading →

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Preventing carjacking

Posted on August 9, 2015

Israeli startup Argus currently has the world’s only effective system to detect and prevent the kind of electronic attack launched recently on a Jeep Cherokee in St Louis. Argus analyzes data transmitted to a vehicle’s IP address and only accepts … Continue reading →

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Lunar landing

Posted on August 9, 2015

The second man to ever walk on the moon, astronaut Buzz Aldrin, 85, is scheduled to make his first touchdown in Israel when he attends the International Astronautical Congress in Jerusalem in October. Aldrin’s 1969 Apollo 11 mission commander Neil … Continue reading →

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All for one and one for all

Posted on August 9, 2015

If you need to use Israeli app Musketeer to call for help in an emergency, you should get a very fast response. The nearest Musketeers (professionals and do-gooders) will come to your aid and stay with you until the official … Continue reading →

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An on-line makeover

Posted on August 9, 2015

Busy women entrepreneurs who haven’t time to spend trying on cosmetics can now use the app TryItOn from Israel’s EZ Face. It connects to a database of 25,000 beauty products. Take a selfie in the store and then scan the … Continue reading →

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