Israel Active

SolarEdge, founded by five veterans of the IDF 8200 Intelligence Corps, has applied for a NASDAQ listing that will value the company at around $500 million. SolarEdge’s technology maximizes the energy collected by solar panels and has been installed in 73 countries.

Israeli startup Exit Valley has launched a “crowdfunding” investment platform. It allows private individuals to invest as little as NIS 1000 in a startup company. If the startup fails to reach its target funding within a fixed time period, all monies are returned to the individuals.

The purchase of Israel’s Panaya by India’s Infosys is just the beginning. When Israeli startups engage with Indian companies it gives cutting-edge technology for Indian companies and wider market access for products developed by Israeli firms. So it’s a win-win situation.

After only 5 years, Israeli startup IronSource’s latest round of funding values the app delivery company at over $1billion. Every day IronSource’s software installs over 7 million applications onto desktops and mobiles.

Apple’s CEO Tim Cook opened Apple’s new offices in Herzliya. He also met Israeli President Reuven Rivlin. Alongside Cook for the trip was Johny Srugi, Apple’s Vice President of Hardware Technologies - a graduate of Technion, Israel’s Institute of Technology.

The Israeli business school Lahav Executive Education is part of the Recanati Business School at Tel Aviv University. Lahav offers its international students some of “the secrets behind ‘Jewish genius’ and Israeli success” as a pre-eminent “start-up nation”.

(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.

(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.

(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.

(M) Sorry - I missed this originally. On 17 Nov 2014 a delegation of CEOs/CFOs from Israeli companies on the London Stock Exchange.