Israel Active

Israeli communications specialist Radcom has sold its MaveriQ service assurance solution to a major Brazilian cellular operator in a $3.5 million deal.

Israel’s Elbit Systems has won a $163 million contract from a European country for the supply of defense electronic systems for ground applications.

Israel’s WalkMe is a user-friendly app that allows website owners to build step-by-step guidebooks for using their sites. WalkMe has just raised $11 million in its third round of financing.

Israeli chocolate company Max Brenner has opened first chocolate bar in Russia - on Zvetnoy Boulevard in the cultural heart of Moscow. Russia accounts for nearly 10 percent of the world's chocolate consumption, making the country a key growth market.

Israel’s budget deficit on government activity fell to NIS 2.5 billion in March 2014 from NIS 2.9 billion in March 2013. There was a budget surplus of NIS 100 million in the first quarter, compared with a deficit of NIS 4.7 billion in the corresponding quarter of 2013.

Lockheed Martin officially opened a branch in Be'er Sheva, in support of the IDF and the "Move South" campaign funded by the Israeli government.

Microsoft is turning to the start-up nation for inspiration in reinventing itself as a start-up, according to its local research and development chief. Yoram Yaakovi was speaking at Microsoft’s annual Think Next event, a showcase for new technologies from Israel and abroad.

Standards & Poors has given Israel yet another top rating. S&P expected average per capita income to grow to almost $42,000 by 2017, up from $28,000 in 2009. Meanwhile, confidence in Israel’s stock market has resulted in the largest increase in investment into Israeli mutual funds since 2002.

A new Israeli Government video heralds its achievements since coming to power.