Israel Active

Israeli companies purchased $1 billion worth of commercial retail property in the US over the last 3 years. Israel is tied with Switzerland as the fourth largest foreign investor with 6% of the market. Only Canada and Germany bought more.

(Thanks to Atid-EDI) Israeli start-up Implisit has raised $3.3 million to expand the marketing of its unique business intelligence system. Implisit boosts sales by identifying neglected and inaccurate areas of the pipeline. It identifies potential business, directly from employees’ emails and meetings.

The UK Israel Tech Hub is running its second annual TeXchange competition to connect up Israeli start-ups with British businesses. 15 winning start-ups will get trips to London’s Tech City, where they can open up the UK market in terms of both customers and partnerships.

(Thanks to Atid-EDI) Two Israeli mobile Internet companies Flash Networks and Mobixell are joining forces to meet the growing demand for mobile data and services. The new company will support hundreds of deployments, serving over one billion subscribers worldwide.

The Bi-national Industrial Research and Development (BIRD) Foundation has approved $9 million worth of funding for 11 new joint projects between American and Israeli companies. They cover electronics, cyber security, life sciences, communications and homeland security.

Over one billion dollars was added to Israel’s foreign currency reserves in December.

Don’t you hate it when you cut an apple and it turns brown before you get a chance to eat it? Israel’s Aviad Mozes has developed an all-natural spray called “Spresh” that keeps cut fruit and vegetables fresh for hours. Please support his Kickstarter project and be among the first to get some Spresh.

A 28-year old interior decorator from Shanghai took delivery of a brand new Qoros 3 sedan from Qoros Vice President Volker Steinwascher.

Israel’s One Hour Translations (OHT) has over 15,000 translators in 100 countries. Its clients include Toyota, Coca-Cola, the US Army and IBM. OHT has just received a $10 million investment from Israel’s Fortissimo Capital to boost its ambitious expansion plans.

Some good news for residents of Sderot - the town constantly targeted by Gaza terrorists. Israel railways has started a new train service between Sderot and Tel Aviv. The one-hour journey will be free to Sderot residents for 3 months.