Asian telecommunications group SingTel has announced that it is opening a research center in Israel, in collaboration with Israeli software giant Amdocs. Though the amount invested in the center has not been disclosed, the Singapore-based company has stated that part of its $150 million investment fund will be directed towards it.
News Briefs
March 06, 2013
SingTel To Set Up Development Center In Israel With Amdocs
March 05, 2013
Starcom Raises £2.7M On London IPO
Israeli GPS tracking devices developer Starcom Systems plc has raised £2.7 million in an IPO on London’s Alternative Investment Market (AIM). The company launched the IPO at a value of £14.2 million.
March 05, 2013
Apple Considering Opening Tel Aviv Offices
Technology giant Apple is considering opening offices at a second location in Israel. After launching their Haifa offices last year, Calcalist reports that the company is looking into renting office-space at Tel Aviv’s Azrielli towers.
March 05, 2013
Weizmann Institute Women In Science Program Wins Award in Barcelona
Israeli university Weizmann Institute has received an award in Barcelona for its Women in Science program. The program, which assits outstanding young women go abroad for postdoctoral studies, was honored with the 27th Maria Aurèlia Capmany award, which is given annually on International Woman’s Day.
March 05, 2013
Evogene Planning Nasdaq IPO At A $250M Value
Israeli biomed company Evogene, which genetically engineers plant seeds, is in talks to go public on Nasdaq at a company value of $250 million. Calcalist reports that the IPO will be led by Deutsche Bank and Credit Swiss. Evogene is currently being traded in the Tel Aviv stock exchange at a company value of $210 million.
March 05, 2013
Tel Aviv Second Most Innovative City According To WSJ Poll
After being named one of three finalists in the Wall Street Journal‘s last October, it has been announced that after polling more than 980,000 readers, Tel Aviv is considered the second most innovative city in the world. Medellin, Columbia was ranked first and New York City was ranked third.
March 05, 2013
Medical Data Company dbMotion Acquired For $235M
Israeli medical data management company dbMotion has been acquired by American distributer Allscripts Healthcare Solutions. Calcalist reports that Allscripts, dbMotion’s main distributer, paid $235 million after months of negotiations.
March 04, 2013
TabTable Buys Kids Games Club For $3-4M
Israeli app publisher TabTable has acquired Israeli company Kids Games Club, which develops apps for children, for a sum of $3-4 million. TechCreunch reports that Together, the two Israel-based companies have produced nearly 200 apps, covering close to 100 million downloads.
February 28, 2013
Enopace Biomedical Receives $5M Investment
Israeli company Enopace Biomedical, an early-stage company focused on the development of a neuromodulation system to treat patients with Heart Failure, has received a $5 million investment from global medical device company Sorin Group. The investing company has said that it will make additional investments upon achievement of development milestones.
February 28, 2013
BannerPlay Raises $150,000
Israeli startup BannerPlay, which offers a platform for creating banner campaigns, has announced that it has raised approx. $150,000 from a private investor, Former Thomson Reuters CEO Tom Glocer. BannerPlay has raised roughly $850,000 to date.
February 28, 2013
Israeli iMER Raises $7M
iMER Medical Services Ltd., an Israeli medical tourism and evaluation company has raised $7 million from Viola Private Equity. The company offers comprehensive services for patients in need of treatment abroad. The company, founded in 2004 operates out of Jerusalem with offices in Austria, Cyprus, Russia, and Ukraine.
February 28, 2013
Israeli JethroData Raises $4.5M
JethroData, an Israeli company which develops tools for big data analytics, has announced that it has raised $4.5 million. The financing round was led by Pitango Venture Capital. JethroData was founded in 2012 and this is the company’s first financing round.
February 27, 2013
Better Place Gets $33M Injection From Israel Corp
Israeli electric car venture Better Place has received another cash injection from Israel Corp totaling at $33 million. A few months ago, the corporation injected another $33 million, making its total investment in the company $300 million.
February 27, 2013
Personalized Infotainment Show Generator Social Studios Raises $700,000
Israeli startup Social Studios, which has recently launched “Your Show,” an app that generates an infotainment show that is compiled from the user’s social network data, has announced that it has raised $700,000. The investments were raised from angel funds and Comverse co-founder Professor Yechiam Yemini.
February 27, 2013
Israel’s Waze Wins Best Best Overall Mobile App At WMC
Social navigation app Waze has won the Best Overall Mobile App category at the 2013 Global Mobile Awards held at the Barcelona World Mobile Congress (WMC). The Israeli app surpassed such power players as Dropbox, Flipboard, Sky Sports’ F1 Companion, and Square.
