Israel’s Delek Group is to become the biggest shareholder in UK North Sea oil and gas firm Ithaca Energy following a £43million investment. Ithaca is currently focused on the construction of a new production hub in the Greater Stella area … Continue reading →

The 30th anniversary session of the U.S. – Israel Joint Economic Development Group in Washington also highlighted the 30th anniversary of the U.S.-Israel Free Trade Agreement – the first free trade agreement signed by the United States. http://m.state.gov/md248218.htm  

CreditEase China, one of the biggest microcredit and wealth management firms in the world, has established the CreditEase Israel Innovation Fund (CEIIF), its first Israel-focused venture-capital/private equity fund. The fund has raised $30 million for investment in Israeli hi-tech. http://www.timesofisrael.com/chinese-investors-rush-to-embrace-israel-via-new-fund/ … Continue reading →

CyberArk is another Israeli firm growing by acquisition. Following its NASDAQ launch and purchase of Israel’s CyberIntel, it has now bought up Massachusetts-based Viewfinity for $30 million. Viewfinity will help CyberArk’s Privileged Account Security Solution to prevent cyber-attacks. http://www.timesofisrael.com/fledgling-israeli-cyber-security-giant-makes-second-acquisition/  

Memory chip maker SanDisk, founded by Israel’s Eli Harari, has been sold to US hard disk manufacturer Western Digital for $19 billion. In 2014, Harari received the US National Medal of Technology and Innovation for revolutionizing the flash storage industry. … Continue reading →

Microsoft is buying Israeli cyber security company Secure Islands for $100-150 million. It will be Microsoft’s fifth Israeli acquisition this year and its 3rd Israeli cyber security company in the past 12 months. http://www.globes.co.il/en/article-microsoft-set-to-buy-israeli-co-secure-islands-for-150m-1001075232  

US firm Gilbarco has bought Israeli marketing intelligence company Odysii Technologies for $30 – 40 million. Odysii’s Impulse platform informs customers of the retailer’s in-house promotions at the Point of Sale – thus potentially generating more business. http://www.globes.co.il/en/article-gilbarco-buys-israeli-co-odysii-for-40m-1001073548  

Japanese telecom conglomerate Softbank has invested $50 million in Israeli cybersecurity startup Cybereason. The firm’s software gathers usage data across a computer network to discover suspicious activity. http://fortune.com/2015/10/13/cybereason-softbank-raise/