Hitech

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,...

The annual demo event of the Start-Up Accelerator of Kama-Tech, the leading organization for the integration of ultra-Orthodox in Israeli high-tech, took place. The event was held on Google's new campus in Tel Aviv, with the participation of US Deputy Ambassador to Israel Terry Davidson, Google's global vice president and director of Google's development center in Israel, Prof. Yossi Matias and Moshe Friedman, founder of Kama-Tech. KAMA-TECH's Exelter Program is a unique program that completed the fourth year of the year. The nine start-up companies of the ultra-Orthodox entrepreneurs and...

Alibaba announced that it is acquiring the Israeli company InfinityAR. The amount of the acquisition was not disclosed but is estimated at $ 10 million. In a statement issued by the Israeli company, she says that the company's employees will join Alibaba's machine vision lab in Israel after three years of partnership. Alibaba is the largest investor in the company alongside Moshe Singag's Singularity. So far, $ 25 million has been invested in the Israeli company, so the deal does not return the investment in a company established in 2012

Severe security breaches were discovered in the applications of the Likud and Labor parties, Check Point reported. The company did not examine applications by other parties as white blue, as they do not have official applications. Check Point researchers found that the Labor Party application extracts and maintains contact lists of its users without their knowledge and uploads them to an external server, mapping the social connections of users based on the names of the contacts, apparently in order to map the nature of the relationship between the user and the contacts His. In doing so,...

The British chip company ARM is firing several dozen workers in Israel. The company refused to say how many workers would be fired, but it appears that this is a few dozen of the 200 employees employed by the development center in Israel. ARM said in response, "Like any business, ARM is constantly re-evaluating its resources and technology to ensure that we are ready to support our growth strategy." ARM recently re-evaluated our investment in the IoT Services Group to increase effectiveness And our ability to respond to customers and this may affect a small number of positions in Israel...

Israel's largest renewable energy project and one of the largest and most complex in the world, has completed the construction stage and is starting to operate commercially. From tomorrow, Negev Energy's thermal power plant at Ashalim will supply clean electricity to the national grid. Negev Energy received all the necessary approvals, including a permanent license for the generation of electricity from the Israel Electric Corporation, and it will begin tomorrow at the commercial operation stage of the nearby solar thermal power plant To Ashalim in the Negev. Negev Energy (50%), the Noy...

According to the preliminary investigation of the Israeli spacecraft Beresheet's landing maneuver, following an IMU malfunction a command was uploaded to the spacecraft. This led to a chain of events in the spacecraft, which turned off the main engine and prevented proper engine activation. The SpaceIL and Israel Aerospace Industries (IAI) team continues to investigate what occurred during the mission. In the coming weeks, final results of the investigation will be released