Asurion buys Soluto
(Thanks to Israel21c) US technology protection services giant Asurion has made a surprise purchase of Tel Aviv-based PC management solutions provider Soluto for an estimated $100 million.
Start-up Israel
An excellent video I must have missed due to there being so many good news stories.
Stability at the Bank of Israel
At last, Dr Karnit Klug has been appointed as the successor to Professor Stanley Fischer as BoI Governor. Dr Klug is the first ever woman governor and was Prof Fischer’s preference for the position. She has been Acting Governor since Prof Fischer stepped down in June
State of Economy index up again
The Bank of Israel's Composite State of the Economy Index for September increased by 0.3 percent. Data for previous months was also revised upwards due to natural gas production.
Investment in Israeli start-ups is a 13-year high
162 Israeli start-ups raised $660 million from local and foreign investors in the third quarter of 2013, the highest quarterly amount since 2000. Investment in start-ups rose 12% to $1.63 billion in January-September compared to the corresponding period last year.
Israeli firms are so popular
Acquisitions and mergers involving Israeli companies totaled $4 billion in the first ten months of 2013 - the highest for ten years. The figure for Israeli exits was 20 percent of the US M&A market over the same period, even though investment in Israeli companies is less than 5 percent of the US total.
CuratedIsrael – Israeli luxury products and more
CuratedIsrael is a one of a kind marketplace for beautiful pieces straight from Israel. Additionally, “CuratedIsrael Gives Back” supports charities and designers with worthy causes. Founder Diane Kaston says, “Giving back for the blessings of life is the ultimate luxury.” CuratedIsrael.com Amazon discovers Israel. Amazon.com will open an office in Tel Aviv to support the growth of its cloud services and its rapidly growing customer base in Israel. Israeli customers will be among the first in Europe, the Middle East and Africa to enjoy Amazon Web Services.
Israeli chips for Australia
(Thanks to Atid-EDI) Australia's second largest DSL broadband provider, iiNet, has picked the high performance 802.11ac Wi-Fi chip from Israel’s Celeno to enable iiNet to stream data and HD video directly from future iiNet products.
Microsoft Haifa is too big
Microsoft Israel Ltd. has grown too large for its current Haifa premises and has signed a 10-year lease on a new, 12,000 square-meter building at the Matam High Tech Park in Haifa. In addition, Microsoft has a 13,000 square-meter building in Herzliya.
Israel’s electronic link to Las Vegas
Tel Aviv was one of only four cities in the world to hold “CES Unveiled” - a daughter event of Las Vegas’s massively popular Consumer Electronics Show.