Building a virtual cable TV service for Singapore
(Thanks to EDI) Singapore-based MediaCorp has hired Israeli video startup Tvinci to build a new streaming video service called Toggle that will provide live and on-demand access to streaming video content. Toggle will have Video On Demand (VOD) content, plus a dozen channels of live TV available for streaming to customers’ connected devices instead of their TVs.
Israel-Cyprus Sign Gas and Oil Explorations Deal
Israeli firms Delek and Anver signed an agreement to acquire a 30 percent stake in exploration rights for gas and oil off Cyprus's southern shore. Commerce Minister Neoclis Sylikiotis told reporters that the signing provided a "new era of Cyprus-Israeli strategic cooperation which includes economic and political dimensions,"
Israeli microalgae company sold for $50 million
UK’s Grovepoint Capital has bought Israeli start-up Algatechnologies - manufacturer of AstaPure (astaxanthin) - a powerful antioxidant from the microalgae Haematococcus pluvialis. Asta Pure is used as a nutritional supplement and component in cosmetics.
Israeli agriculture biotech sold for $35 million
The US giant Monsanto has bought the activity of Israeli crop bioengineering company Rosetta Green Ltd – developer of improved genetic strains of wheat, vegetables and other plants such as cotton, biofuels and algae with medical properties.
Israel exports 60 million flowers to Europe for Valentine’s Day
It may be a day of love and romance for those celebrating Valentine’s Day around the world, but it’s a day of hard work for Israeli farmers. Israel exported some 60 million roses, orchids, Bonsai trees and other flowers to Europe this Valentine’s Day.
Israel has the best wines – again
Over 45 Israeli wineries took part in the second annual Wine Seven Two kosher wine exhibition in Jerusalem. Israel was the center of wine production in Biblical times and today it is becoming so once more.
Broadband for Mexican schoolchildren
Israeli communications company Gilat Satellite Networks has won a contract to supply over 7,000 SkyEdge VSATs in support of the Mexican government's initiative to provide thousands of rural classrooms and government offices with Internet connectivity.
Israel stars at the Super Bowl
Whilst Baltimore was beating San Francisco, the huge TV screens featured Super Bowl advertising debuts for Israeli drinks maker SodaStream and Israeli supermodel Bar Refaeli.
Hi-Tech in a crater
The Israeli branch of McCann Erickson is opening an advanced, 21st-century office in the Ramon Crater in the Negev desert. The McCann Valley Center for Digital Marketing and New Media will employ 120 local full-time staff with support from the Ministry for the Development of the Galilee and Negev.
Learning from Israel to start-up in Canada
(Thanks to Herb) A group of 11 deans of Canadian business schools visited Israel recently. Peggy Cunningham, Dean of the Rowe School of Business, suggested Israeli successes in innovation and high-tech companies could be studied and applied in Nova Scotia.