The Authority for Industrial Cooperation and Promotion of Foreign Investment in the Ministry of Economy and Industry publishes a detailed report presenting the contribution of multinational corporations to the Israeli economy, which was conducted in cooperation with the CBS, including a series of personal interviews with six CEOs and senior executives Leading multinational companies in Israel, Intel, IBM, Philips and GM, Flex and Unilever, are presenting for the first time an innovative quantitative study on the contribution of foreign companies to the Israeli economy
Facebook, the largest and most successful social network in the world, announced that it is acquiring the Israeli start-up Redkix. The acquisition price was not disclosed, but the market believes it is a $ 100 million deal. Following the acquisition,Redkix employees will become Facebook employees and join the giant social network
Mimecast which specializes in information security, announced that it has acquired Israeli start-up Solebit. The market estimates that the American company paid $ 88 million for Solebit for $ 88 million in cash. This is the third exit this month, after the deals in Daturma and Redkix. Solbit develops a platform that helps organizations deal with hackers and other cybercriminals using automated security solutions that prevent hacking into the organization. This is done by blocking the malicious code before it attacks the organization. Mimecast Limited announced that it has acquired Solbit,...
Hundreds of thousands of households will be able to enjoy surfing the Internet at a speed of 1,000 megabytes, following Cellcom's takeover of the IBC fiber optic project. The communications giant signed a memorandum of understanding to buy70% of the control of the IEC project for NIS 100 million. Cellcom plans to reach half a million homes in Israel within three years
NICE completed the acquisition of Mattersight from the United States for $ 103 million, and the acquisition was completed after receiving the necessary approvals, including Mattersight's shareholders, for which NICE paid them $ 2.7 per share, and announced the acquisition last April, Then a premium of about 25% on Matsight's stock price on the NASDAQ
Rafael Defense Systems will unveil a new missile from its anti-tank missile family, Spike, as part of the international security exhibition MSPO to be held this week in Kielce, Poland. According to a statement issued by the company, it is an ER-2 spike considered to be a 5th generation missile
Pelephone company has experienced four failures in its network over the last month. Yesterday, again subscribers reported a failure to issue and receive calls. "The source of the problem is the replacement of the main subscriber base of the system, basically a system in which each subscriber is listed on the Pelephone network," explained Pelephone cellular phone manager Ran Guron. "We upgraded to the HPE system, which is also the previous supplier, in a long process of preparations for a year, a month and a half upgrade, and the system worked and worked well, but since the last subscriber...
Loral Space & Communications a leading space and communications company will not build the Amos 8 satellite. The Company updated that on Tuesday the deadline for payment of the advance was due, and that Caval had decided not to extend the date of payment, so that the agreement would not take effect and would be canceled. As a result, the launch agreement with Space X was also canceled. Spacecom is entitled to reimbursement of the amounts already paid to Ilan Musk's satellite company, with the exception of a certain amount that will remain in the hands of Space X