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Monthly Archives: May 2017
Medtronic to open two Israeli R&D centers
US medical device giant Medtronic is to open new Research & Development centers in Jerusalem and Yokneam. Medtronic already has a major presence in Israel with 750 employees following acquisitions Given Imaging, superDimension, Oridion Systems and PolyTouch. http://www.globes.co.il/en/article-medtronic-to-open-two-israel-rd-centers-1001187983
Posted in Economy & Business
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Cheaper coffee for polite customers
Customers of Israeli coffee chain Café Café who say “please” and “thank you” when they order an ordinary sized cup of coffee will pay NIS 6, instead of NIS 8. Cafe Cafe owner Ronen Nimni says he wants “to encourage … Continue reading
Posted in Economy & Business
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Water companies merge
Israeli wastewater treatment company Emefcy (eight previous articles) is to merge with RWL Water, which is controlled by World Jewish Congress President Ron Lauder. The new company, renamed Fluency, will accelerate Emefcy’s operations in China and other key markets. http://www.globes.co.il/en/article-emefcy-merges-with-lauders-rwl-water-1001187603
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Yokee Music goes for a song
Israel’s Yokee Music has been bought by Canada’s Stingray Digital for an estimated $30 – $40 million. Yokee’s social music apps Yokee, Yokee Guitar and Yokee Piano are ranked in the music category’s top ten in 100 countries, with over … Continue reading
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More multi-million exits
April takeover news includes Dutch game developer GamePoint buying Israel’s Luck Genome for £12.5 million; Israel’s WalkMe acquiring Israeli analytics startup Jaco; US-based Magento buying Israel’s Shopial and U.S. ticket marketer SeatGeek taking over Israel’s TopTix for $56 million. https://www.israel21c.org/5-israeli-exits-in-april/
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Israeli tech powers UK electric truck
Asher Bennett – brother of Israeli Education Minister Naftali Bennet – has founded Tevva Motors in the UK. The company is building emission-free delivery trucks based on Israeli submarine technology. Tevva has received orders from UPS, DHL and Kuehne+Nagel. http://www.timesofisrael.com/uks-tevva-uses-submarine-tech-to-power-electric-trucks/
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The age of digital farming
Israel’s Taranis has developed a precision agriculture intelligence platform to allow farmers to predict and prevent detrimental threats to their crops. Its systems manage millions of acres of farmland in Argentina, Brazil, Israel, Russia and the United States. http://www.globes.co.il/en/article-israeli-digital-agricultural-co-taranis-raises-75m-1001187252 http://www.taranis.ag/ … Continue reading
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Innovation award for wearable blanket
A wearable blanket now available on El Al flights has won an innovation award at the TravelPlus Amenities competition in Hamburg, Germany. The blanket was designed Idan Noyberg and Gal Bulka of Israel’s LyLy Design Studio. https://www.lyly.design/ https://www.israel21c.org/el-al-wins-world-innovation-award-for-wearable-blanket/
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Controlling hi-tech production
Israel’s Nova Measuring Instrument makes metrology systems to enable semiconductor, integrated circuit and optical CD manufacturers to develop reliable products. http://www.globes.co.il/en/article-nova-jumps-on-fivefold-profit-1001187950 http://www.novameasuring.com/
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Growing vegetables in water
I featured previously (July 2014) Israel’s LivingGreen which markets “The Living Box” system for anyone to produce up to 30 different organic vegetables using only water (hydroponics) and solar energy. No soil or fertilizer. In this new video, CEO Nitzan … Continue reading
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