Israel Active

Israel’s Crossix Solutions provides data analytical marketing tools for the top 25 pharmaceutical companies. Its Safemine product helps healthcare companies plan, target and measure their marketing campaigns. Crossix has just been acquired by New York-based Veera Systems for $430 million.

As reported previously , Israel’s Eyesight Technologies is helping SEAT, LG Electronics, Samsung and Exsun keep drivers’ eyes on the road. Eyesight has just won a $15 million order to integrate its DriverSense software into two new car models of a “well known” US car manufacturer.

On-line giant sales company Amazon has launched a new Hebrew-language interface. It comes with a limited time offer of free shipping to Israel for some 50 million “eligible items”.

Arizona Governor Doug Ducey has announced the opening of a trade and investment office in Tel Aviv. Trade between Arizona and Israel totaled more than $460 million in 2018 – double that in 2010. Governor Ducey led the first ever Arizona trade mission to Israel in 2015.

Israel leapt 14 places to number 35 in the annual World Bank survey of the ease of doing business in 200 countries. Israel even beat Switzerland in the process.

Estimates of the recent natural gas discovery by Energean in the Karish North field, reported previously, have been upgraded by another 25 billion cubic meters (0.9 trillion cubic feet). The new estimate also includes 34 million barrels of light crude oil.

The online payment processing technology from Israel’s Credorax is licensed in all 32 European Union countries. Credorax has now partnered Chinese mobile payment services WeChat Pay, Alipay, and UnionPay, allowing European retailers to accept payments from Chinese customers.

By now readers will know that a Unicorn in financial terms is a company worth over $1 billion. When Israel’s InMode Aesthetic Solutions was last reported here it was close to launching on NASDAQ. It launched in August and its value has since soared to more than $1 billion.

Israeli-founded cybersecurity company ObserveIT identifies insider cybersecurity threats. Nearly half of its 150 employees work at its Tel Aviv R&D center. It has just been taken over by US cybersecurity company Proofpoint Inc for $224 million – Proofpoint’s third Israeli acquisition.

As reported previously Israel’s Tevel Aerobotics has developed an autonomous drone that can pick fruit. Tevel’s chairman Eyel Desheh is also chairman of Isracard, the credit card spinoff of Bank Hapoalim. This article explains both why and how he does both jobs.