Hitech

The Austrian-based company Tricentis has announced the acquisition of the Israeli start-up Testim, which has developed an AI-based platform for testing automation offered as a cloud service. The value of the deal is estimated at $ 200 million. Testing will expand Tricentis' testing platform and help it simplify their automation and enable organizations to perform rigorous end-to-end testing quickly and easily. Trisentis customers will now have the flexibility to choose products and services that suit their needs, in a local installation model with a fee for annual licensing or in a cloud...

The escalation in relations between Russia and Ukraine and estimates that the situation could explode in the coming days, prompted this week the Israeli high-tech companies and the manpower companies that work with them, which together employ about 15,000 workers in Ukraine. The companies were organized ahead of time for temporary evacuation of workers and their families within the country (from east and south to west); For their transfer to neighboring countries such as Poland and Bulgaria; As well as finding alternative workspaces in case of need and providing satellite internet in case...

The Israeli high-tech industry is very fond of saying that there is a shortage of workers. Here comes the Central Bureau of Statistics trying to put things in order: 14,000 software developers are missing. However, this number expresses only a small part of the story. To think that only 14,000 workers are missing in high-tech is a form of thinking that is appropriate for a governmental and public body and not for an industry that is moving fast and not waiting for initiatives from the state

The Minister of Innovation, Science and Technology, Orit Farkash HaCohen, announced that she has issued a policy directive to the Innovation Authority, the main point of which is to set strict goals for significantly increasing the representation of ultra-Orthodox, Arabs, women, juniors and Israeli high-tech periphery. According to the Minister, this is a program based on comprehensive economic work carried out in recent months by the Ministry of Innovation, led by the Director General of the Ministry of Innovation, the Deputy CEO, Task Company and in collaboration with the Innovation...

The Economics Committee approved on second and third reading the amendment to the Traffic Ordinance, which would allow experiments in autonomous cars without having an operator in the vehicle. According to the Ministry of Transportation, this will allow the experiments to start this year. The number of vehicles in the experiments will be limited to 500, according to the proposal of the chairman of the Economics Committee, MK Michael Bitton (blue and white). The committee decided that many regulations would become an addition to the bill, to allow for their speedy enactment. Transport...

Israeli high-tech companies employing workers in Ukraine are in a major crisis. It is estimated that Israeli high-tech companies employ about 15,000 workers in the country, the vast majority of whom are developers. Ukrainian developers have become in demand due to being skilled workers seeking lower wages than is customary in Israel, as well as due to the fact that the flight distance is short and the time zone is the same. Even before the Russian invasion, start-ups began offering their workers in Ukraine packages of assistance or assistance in moving to another country. For example,...

Work has begun on establishing TERA PARK Ashkelon - the largest high-tech park in Israel. The park will offer thousands of new jobs, a new and advanced transportation center and a vibrant urban axis of recreation and leisure; Ashkelon's new flagship project is launched and turns a vision into reality. The Ashkelon Municipality, through the Ashkelon Economic Company and with the support of the Israel Land Authority, has begun work to establish TERA PARK Ashkelon - the largest high-tech park in Israel that will serve as a center for innovation, science and business and change the employment...

A report by the Innovation Authority shows that the participation rate of women in high-tech is low - about a third of the employees. Only about nine and a half percent of the CEOs who have set up start-up companies are women and in fifty-seven percent of the major venture capital funds in recent years there is no woman appointed as a partner. The report also shows that forty-nine percent of all students in five units in mathematics are women and only about a third of those who take matriculation exams in computer science are women

The Israeli cyber company Tufin has announced that it will be sold to Turn / River Capital - an investment company that focuses on investments in software companies - at a value of $ 570 million, which is about 60% higher than the company's current value. Shares of Tuffin soared 40% in early trading on Wall Street, to $ 12.8. Tufin shareholders will receive $ 13 in cash per share, a 44% premium to the company’s share price last night at the close of trading on Wall Street. According to the agreement, in the coming month, until May 5, there will be a period of "go-shop" - that is, Tufin...

After quite a few rejections, the Israeli astronaut Eitan Steva was sent into space tonight (Friday) together with three other astronauts from the space base at Cape Canaveral in Florida. Tomorrow, the four are expected to arrive at the International Space Station on a 200-hour mission. A few minutes before the launch, Steve said in Hebrew: "A few days before we celebrate Independence Day, we take off. Good luck AX-1, good luck 'Sky'." A SpaceX broadcast said that the first stages of the launch were successfully completed, including the separation of the first stage launcher from its...