Israel Active

The New York Stock Exchange celebrated its fifth annual Israel Day by hosting a conference on Israeli business innovators and start-up industries. Organiser Tamar Guy said, “One of the best places to create jobs in the US is through innovation, and the best source for innovation is, naturally, Israel.”

Blue & White week followed Black Friday. Thousands of Israeli-produced bargains were on offer throughout the United States.

Israel’s top developer of touch-free interfaces for digital devices has raised $4.2 million for its innovative Gesture Recognition Technology. So it is a good time to remind readers of what this amazing software can do.

P&G Israel Innovation Center director Lital Asher said, " Last year, we hired five researchers with unique capabilities in the life sciences and computing. The company's global R&D team was impressed by the quality of the Israeli researchers, who achieved a score 20% above the global average of candidates."

Israel Aircraft Industries has won a major order to supply the next generation of its EHUD Autonomous Air Combat Manoeuvring Instrumentation (AACMI) system ‘to a foreign customer’.

Two Israelis bump into a third Israeli in a New York restaurant. It led to the second largest ever merger between two Israeli companies. In May, Wibiya’s toolbar integration application was acquired by Conduit – the biggest web company in Israel – for $45 million.

In case you missed it, last week’s Jerusalem Post blog (by Yours’ Truly) featured the achievements of many innovative Israeli start-ups.

Israel’s WideMed has won orders for its Morpheus Hx sleep apnea monitor from GE Healthcare for sale in Canada and South Korea.

With the recession in the USA and Europe continuing, Israeli technology companies like TowerJazz are expanding into the lucrative BRIC markets of Brazil, Russia, India and China.

Israeli mobile payment application developer ZooZ Ltd. has raised $1.5 million to help rollout its payment solution. ZooZ enables mobile app developers to integrate digital payment and checkout options easily into their Android or iOS applications.