Hitech

"US Comtech acquires Gilat Satellites for $ 577 million in cash and shares
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by Ifi Reporter

Category: Hitech

"US Comtech acquires Gilat Satellites for $ 577 million: The deal will be made in cash and shares, with the share price at $ 10.25 - the price at which the stock closed yesterday's trading at $ 10.11. The consideration - 70% cash and the remainder of Comtech. The main beneficiaries of the deal are the Ishi Davidi Phimi Fund, which holds 34.1% of the company's shares and will receive $ 181 million for them. Mivtach Shamir is the second largest shareholder in Gilat, with a 9.7% stake in the company's shares - you will receive $ 52 million for the shares. Gilat shareholders, including the...

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Jan 29, 2020

Israeli "Yotpo" acquires  SMSBump, an SMS marketing solution designed for eCommerce brands
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by Ifi Reporter

Category: Hitech

Yotpo has announced its acquisition of SMSBump, the most complete SMS marketing solution designed for eCommerce brands, it was announced by Omri Cohen, COO & Cofounder, Yotpo. With this acquisition, Yotpo is the only eCommerce marketing platform to provide integrated solutions for reviews, visual UGC, loyalty, referrals, and SMS in one place, giving brands the unique ability to engage customers with smarter, cohesive, and higher-converting experiences across channels. The single-platform approach meets brands' growing desire to manage their direct-to-consumer (D2C) marketing activities...

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Jan 29, 2020

Afcon Electric moves to the next phase of operating the largest public charging network
1128 Views Details

by Ifi Reporter

Category: Hitech

Afcon Electric Transport, a company owned by Afcon Holdings, is completing another phase of operating the largest public charging network in Israel. Afcon has recently completed the installation of charging stations in the Dan hotel network across the country. In recent months, Afcon has established dozens of fast charging stations in BIG complexes, across the Emek Hefer Regional Council and many kibbutzim nationwide. The hotels participating in the pilot are the Dan Hotels chain: Dan Tel Aviv, Dan Carmel, Dan Panorama Tel Aviv, Dan Eilat, King David and the Link Hotels chain. Udi...

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Feb 3, 2020

 Israel will host the world's largest industrial innovation week to discuss machine communication
663 Views Details

by Ifi Reporter

Category: Hitech

On February 24-27, Israel will host the world's largest industrial innovation week, the "II4.0" Conference - led by "Start-Up Nation Central" (SNC), Grove's venture capital fund and international consulting firm Deloitte. The conference will discuss machine communication issues, secure production lines and 3D printing and will present lectures, forums and professional panels led by industry executives. Significant international companies are expected to announce new activities to take place in Israel, as well as new collaborations with Israeli companies and startups. Yariv Lotan, SNC's...

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Feb 7, 2020

Seagate a manufacturer of data management solutions opens Lyve Labs Innovation Center in Israel
609 Views Details

by Ifi Reporter

Category: Hitech

Seagate a leading manufacturer of storage and data management solutions in the world, officially opening the Lyve Labs Innovation Center in Israel. The goal of Seagate Lyve Labs in Israel is to collaborate with high-tech companies and enable innovation through simple, secure and effective means of working with databases and large amounts of data. This giant international initiative will enable the smooth flow of information across various systems and optimize their business value in-flight as well as at-rest

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Feb 15, 2020

israeli Cybereason: Arabic speaking attackers seduce Palestinian officials to click malicious links
504 Views Details

by Ifi Reporter

Category: Hitech

In recent months, a series of cyber attacks in the Middle East have been discovered, with the targets being targeted by Palestinian officials. Their purpose is to spy on mobile phones of the authority, to open a camera without the knowledge of the device owner, listening to what is happening in the environment and stealing files and information. The attacks were detected by the Nocturnus research group, the Israeli cyber company, which followed the series of attacks. The data analysis shows parallels to attacks previously made by hackers using the nicknames "MoleRATs" and "The Gaza...

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Feb 15, 2020

The Innovation Authority's Human Capital Report: A shortage of 18,500 high-tech workers
498 Views Details

by Ifi Reporter

Category: Hitech

The Innovation Authority's Human Capital Report and Start-Up Nation Central show an alarming picture of the state of employment. The number of high-tech industry employees rose significantly in 2019 to 321,000 employees, accounting for 9.2% of all employees in the economy - up 8% from 2018. On the other hand, besides the large increase in the number of employees, the demand for workers is only rising, and as of July 2019, approximately 18,500 open technology jobs have been registered in the non-staffed industry and were not filled. Aharon Aharon, CEO of the Innovation Authority, said, "We...

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Feb 25, 2020

IAI will partner with thel accelerator MassChallenge to develop  unique sensor technologies
474 Views Details

by Ifi Reporter

Category: Hitech

The aerospace industry will partner with the international accelerator MassChallenge, to launch a path for the development of unique sensor technologies called Future Sensing. This track is designed for startups that develop sensors in high frequency, quantum, photonics, acoustics, ultrasonic and any disruptive technology in the world of sensing, or fusion of information from sensors. The aerospace industry will operate through its subsidiary Elta, offering start-ups a significant collaboration that includes access to customers and markets around the world that Elta operates, and...

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Feb 25, 2020

American Equity Fund Helman Friedman aquires Israeli Checkmarx in a cash deal for $ 1.15 billion
710 Views Details

by Ifi Reporter

Category: Hitech

American Equity Fund Helman Friedman signed a purchase deal with Israeli cyber company Checkmarx this morning. The company was fully sold in a cash deal for $ 1.15 billion. However, as part of the Checkmarkx shareholder's deal, including Insight - they have exchanged some of their proceeds in acquiring shares, as is customary in private equity deals. The company was sold through a quick auction process that began on Thursday, during which a number of huge funds were bidding on the deal. And it closed in three days. This is Insight's first sale in Israel, and it gives it a significant...

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Mar 15, 2020

Corona Commission submitted its interim conclusions: failures in decision making, poor review policy
622 Views Details

by Ifi Reporter

Category: Hitech

On Tuesday, the Corona Commission chaired by MK Ofer Shelah submitted its report on its serious interim conclusions. Among other things, the committee determined that there were mental and organizational failures in decision making, poor review policy, incorrect closure. The committee was impressed that a significant portion of the policy was formulated according to the missing system. They stated in the report that "it is difficult to know whether the resistance to conducting mass tests was due to a regular theory or to the simple fact that there were simply no test kits in sufficient or...

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Apr 7, 2020

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