News

The Israeli start-up Optibus is acquiring the American company Trillium in a deal worth a few million dollars

Posted on Apr 12, 2022 by Ifi Reporter - Dan Bielski

The Israeli start-up Optibus, which has developed an AI-based cloud platform for the planning and operation of public transportation, is acquiring the American company Trillium in a deal worth a...

Delek Israel is acquiring 70% of the Burger King chain operating in Israel

Posted on Apr 7, 2022 by Ifi Reporter - Dan Bielski

Delek Israel continues to expand its activity in the food market and appeal to additional audiences, acquiring 70% of the Burger King chain operating in Israel and expected to undergo a...

Delek Israel is acquiring 70% of the Burger King chain operating in Israel

Posted on Apr 7, 2022 by Ifi Reporter - Dan Bielski

Delek Israel continues to expand its activity in the food market and appeal to additional audiences, acquiring 70% of the Burger King chain operating in Israel and expected to undergo a...

70 Israeli high-tech people will develop technologies to assist Ukraine refugees

Posted on Apr 7, 2022 by Ifi Reporter - Dan Bielski

70 Israeli high-tech people participated in the launch event of the Code4Ukraine project for the voluntary development of technologies that will assist in the absorption and treatment of refugees...

Partner is expanding its sales arms in the world of fiber optics - will will begin marketing high-speed Internet services

Posted on Apr 7, 2022 by Ifi Reporter - Dan Bielski

Partner communications group is expanding its sales arms in the world of fiber optics and has announced that it will also begin marketing high-speed Internet services at 32 Best Mobile network...

Venture Capital Fund Group 11 has teamed up with StepStone to acquire 27% of Group 11's third fund

Posted on Apr 5, 2022 by Ifi Reporter - Dan Bielski

Venture Capital Fund Group 11 has teamed up with StepStone, a global investment firm specializing in private markets, to execute a $ 50 million transaction to acquire 27% of Group 11's third...

The Isrotel hotel chain earned NIS 131 million in the third quarter of 2021

Posted on Apr 4, 2022 by Ifi Reporter - Dan Bielski

The Isrotel hotel chain earned NIS 131 million in the third quarter of 2021, and in the whole of 2022 earned NIS 252 million. This is compared to a loss of NIS 25 million in the entire corona...

Bank Leumi USA's merger transaction with Valley National Bancorp has been completed

Posted on Apr 3, 2022 by Ifi Reporter - Dan Bielski

Bank Leumi announced that Bank Leumi USA's merger transaction with Valley National Bancorp has been completed. Following the merger, Leumi holds 14.2% of the shares and is the largest...

Rami Levy Marketing-Hashikma Group revenues in 2021 reached NIS 6.45 billion

Posted on Mar 29, 2022 by Ifi Reporter - Dan Bielski

The Rami Levy Marketing-Hashikma Group published the report for the summary of 2021, which indicates on the one hand a slight decrease in activity in supermarkets, probably due to a return to...

Elbit presents record results: 13% increase in revenue last year and crossed the $ 5 billion a year mark

Posted on Mar 29, 2022 by Ifi Reporter - Dan Bielski

Elbit presents record results for 2021. The company recorded a 13% increase in revenue last year and crossed the $ 5 billion a year mark for the first time, to $ 5.28 billion. Elbit posted a...

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Newsline

El Al Appoints Levi Halevi as New CEO; CFO Yaakov Shahar to Retire

Sep 20, 2026 by Ifi Reporter - Dan Bielski

El Al Israel Airlines announced a major leadership transition this afternoon, with the appointment of Levi Halevi as the airline’s new Chief Executive Officer . The decision was made by El Al’s Board of Directors , following the recommendation of a search committee... Continue reading →

Former NBA Star Omri Casspi Raises $250 Million for Third Venture Fund

Sep 4, 2026 by Ifi Reporter - Dan Bielski

Former NBA player Omri Casspi has raised $250 million for the third fund of his venture capital firm, Swish Ventures, marking another major milestone in his transition from professional basketball to the technology investment world. The new fund brings Swish Ventures' total assets... Continue reading →

Why AI Adoption on the Factory Floor Is Far More Complicated Than a Successful Demo

Aug 25, 2026 by Ifi Reporter - Dan Bielski

The integration of artificial intelligence (AI) has become a major priority for technology companies and startups. Yet when AI solutions move from development environments to the physical factory floor, the reality can be considerably more complex.... Continue reading →


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