Hitech

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

Intel launched the most powerful 9th generation of Intel Core processors for laptops developed at the R & D center in Haifa. The new processors are designed for gamers and content creators. There are now 580 computer game players and 130 million content creators, who are very important to the computer's raw performance and responsiveness. These users need PCs that can handle any task, from demanding games to heavy workloads of editing, randering and encoding heavy K4 video files

Ceragon Networks announced that a Tier 1 mobile operator in Latin America is taking another step in expanding and densifying its 4G network in multiple countries in Latin America with Ceragon. Ceragon is providing the operator with network design, rollout and optimization services using the company's complete IP-20 Platform portfolio. The operator will leverage Ceragon's millimeter-wave network densification solutions, along with microwave backbone solutions to address substantive increases in capacity claims. So far in 2019, orders placed in support of this project total over $ 14 million,...