News

Cellcom won the IDF's mobile phone tender in the amount of NIS 40 million for three years

Posted on Sep 12, 2024 by Ifi Reporter

The telecommunications company Cellcom won the IDF's mobile phone tender in the amount of NIS 40 million for three years . The tender includes the supply of communication services and...

Tel Aviv Businessman Pleads Guilty to Smuggling Aircraft Parts to Russia in Violation of U.S. Sanctions

Posted on Sep 11, 2024 by Ifi Reporter

Gal Chaimovich, a 49-year-ol d  businessman from Tel Aviv, has pleaded guilty in a U.S. court to violating American export laws by smuggling aircraft spare parts to Russian companies. These...

Partner informed its customers that it will start charging money for its email box

Posted on Sep 9, 2024 by Ifi Reporter

Partner informed its customers that it will start charging money for its email box. "Suddenly we received a message that we would pay or cancel the email. You have to take into account that...

Huge purchase: Salesforce buys the Israeli unicorn Own for $1.9 billion

Posted on Sep 5, 2024 by Ifi Reporter

Huge purchase: Salesforce buys the Israeli unicorn Own (formerly OwnBackup), which specializes in backing up cloud systems, for $1.9 billion. This is a cash transaction. The Israeli company...

Ministry of Finance estimates a change in the scope of the payment to be given to reservists will save hundreds of millions

Posted on Sep 4, 2024 by Ifi Reporter

The Ministry of Finance is promoting a change in the scope of the payment to be given to reservists and formulated a decision-making proposal that is expected to be discussed in the government....

Nvidia reported its results for the second quarter and surpassed forecasts of analysts

Posted on Aug 29, 2024 by Ifi Reporter

The technology giant Nvidia, with a market value of over 3 trillion dollars, reported its results for the second quarter of the year and surpassed the early forecasts of the analysts. The stock...

ICL signed a new deal in China with a total financial scope of 170 million dollars

Posted on Aug 29, 2024 by Ifi Reporter

The ICL company controlled by businessman Idan Ofer signed a new deal in China today with a total financial scope of 170 million dollars. As part of the deal, ICL will supply soluble fertilizers...

Cisco acquired the Robust Intelligence company founded by the Israeli professor of mathematics Yaron Singer

Posted on Aug 27, 2024 by Ifi Reporter

The communications giant Cisco acquired the Robust Intelligence company founded by the Israeli professor of mathematics Yaron Singer. The amount of the purchase was not disclosed. The...

Israeli Government Approves Second Breach of 2024 Budget, Increasing Spending by NIS 3.3 Billion

Posted on Aug 25, 2024 by Ifi Reporter

The Israeli government approved a significant breach of the 2024 budget today (Sunday), marking the second time the budget has been opened this year. The decision increases total government...

An officer and six fighters were injured when a missile was fired from an IDF fighter jet

Posted on Aug 20, 2024 by Ifi Reporter

An officer in a paratrooper patrol was killed this morning (Monday) and six fighters were injured when a missile was fired from an IDF fighter jet at a building where the force was staying in...
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Matrix and Magic Announce Merger Deal - Creating $2.14 Billion IT Services Giant

Mar 11, 2025 by Ifi Reporter

In a significant move within the Israeli tech sector, software companies Matrix and Magic confirmed on Tuesday that they have signed a memorandum of understanding to begin negotiations for a merger. According to the deal, Matrix will acquire all of Magic’s shares in a reverse triangular... Continue reading →

Delek Group to Become Controlling Shareholder Following 1.3 Billion Shekel Investment

Feb 20, 2025 by Ifi Reporter

American blockchain analytics firm Chainalysis has acquired Israeli cybersecurity startup Hexagate, a company specializing in Web 3.0 and blockchain security solutions. While the purchase price was not disclosed, industry estimates place it around $60... Continue reading →

Israeli Cybersecurity Company Skybox Security Shuts Down, Lays Off All Employees

Feb 19, 2025 by Ifi Reporter

Skybox Security, an Israeli cybersecurity firm, has laid off all of its employees and ceased its operations, marking the end of nearly 23 years in business. The company, which employed an estimated 100 workers in Israel and an additional 200 in the United States, made the difficult decision to... Continue reading →


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