Hitech

The Israeli company, Sealantis which was established on the basis of technology developed at the Technion, was sold for $ 25 million and royalties from future sales to Advanced Medical Solutions (AMS) The company develops medical adhesives based on technology from the Technion, which mimics the mechanism of adhesion of algae to rocks under water. "This is a basic research inspired by a natural phenomenon that developed into applied technology, was patented and finally became a product that will enable hundreds of thousands of patients to be treated." Advanced Medical Solutions (AMS), a...

The gender disparities in the salaries of employees in high-tech are 26% on average. According to a new study published by the Finance Ministry's chief economist. The study also found that women constitute 60% of the lowest wage quintile in high-tech, compared with 51% of this quintile in the other industries. In contrast, they constitute only 13% of the highest quintile of wages in the high-tech sector, compared with 21% in the other industries

LivePerson, a leading provider of advanced customer and brand communication platforms, is recruiting 50 employees for its development centers in Israel. The company develops advanced communication platforms between customers and brands and assists the world's leading brands to digitize their service centers using advanced technologies such as Big Data, AI and Machine Learning. The company is currently traded on the Tel Aviv Stock Exchange and posted a 7% growth in the share following a positive recommendation from Oppenheimer

The Innovation Authority launches a special track for start-ups established by women: 75% grants for R & D for enterprises owned by entrepreneurial women. The purpose of the Innovation Authority is to double the number of initiatives supported by the Authority within two years. In the framework of the approved track, the financing for enterprises owned by women entrepreneurs (at least 33% ownership and managerial technological role in the company) will be 75% for a first-year R & D grant and 70% for the second year . The budget ceiling will be up to NIS 2.5 million in the first year and...

Three of the world's most recognized and innovative football clubs, Arsenal, Liverpool and Premier League Manchester City will leverage True View technology to capture each and every element of football from every angle. The technology recreates the action on the field and offers it from an ideal point of view or from the player's point of view. It does this by using Intel's unmatched data processing capability with one goal - to pass the experience on to fans. The technology was developed at Intel Israel by the Intel sports team, which is run by Dudu in Nayoun Imagine that you are...

Symantec announced the acquisition of Luminate Security, an Israeli start-up that develops a platform for secure access to enterprise applications in a single-value connection. According to estimates, the scope of the transaction is more than 200 million USD. Lumenate was founded by experienced entrepreneurs. The company's CEO, Ofer Samadry and, Leonid Belkind and Eldad Livni former Check Point's employees. until recently the Israeli company raised $ 14 million. Luminate has 40 employees in Israel and in the UD

A research group from the School of Engineering and Computer Science at the Hebrew University, under the direction of Prof. Amnon Shashua, has succeeded in proving mathematically that methods leading the field of artificial intelligence can help to understand phenomena in quantum physics, "This is an exceptional event in which the leading scientific journal in physics publishes the work of researchers from another field - computer science, and we are at a turning point in which computing power and methods Modern artificial intelligence, allow cross-domain contribution, and for example will...

In Breslona, ​​the third day of the MWC cellular exhibition takes place. The Israel Export Institute said that the Israeli pavilion is a pilgrimage site. One hundred and twenty Israeli companies are participating in the exhibition this year, sixty-five of them in the Israeli pavilion. The exposure of Israeli technologies is arousing great curiosity among visitors. So far, more than two thousand business meetings have been held with representatives of the giant companies Samsung, Google, Mercedes, Volvo, Toyota Varizon and many others

SAP announced the launch of its first SAP.iO Foundry for Tel Aviv. The Tel Aviv location is designed to help and support early stage business-to-business (B2B) startups build innovative software and deliver high value for SAP customers. The 12-week startup accelerator program commences in July 2019 and will comprise of up to 10 start-ups focused on deep technology and the intelligent enterprise to deliver incremental value to SAP’s customers. The official announcement was made on the main stage at OurCrowd Summit 2019, Jerusalem, by Ram Jambunathan, senior vice president and managing...

Mellanox, one of the largest chip companies in the world, was sold to US chip giant Anbidia for $ 7 billion. This is the second exit of the company's founder and CEO, hi-tech entrepreneur Eyal Waldman, after his Galileo was floated on the stock exchange about 20 years ago. Under the terms of the agreement, Anbidia will acquire all the issued and outstanding ordinary shares of Mellanox for $ 125 per share in cash, representing the total value of the Company's operations. The acquisition will bring together two of the world's leading high performance computing (HPC) companies. Together,...