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The British company Mimecast, an e-mail and information security company, is acquiring Segasec Israel, a digital threat solutions provider. The companies refused to disclose the value of the deal, but Calcalist learned it was valued at about $ 40 million. Following the acquisition, Mimecast will be able to offer its customers protection against attacks that exploit fake websites and domains to "harvest" personal information of their customers, employees, partners and suppliers across the supply chain

National Insurance Institute has reported an alarming increase in unemployment benefit applications since the beginning of November, mirroring figures reminiscent of the COVID-19 crisis. A total of 84,618 applicants have sought assistance from the National Insurance Institute due to the ongoing hostilities. Of these, 61,500 individuals have been forced into involuntary unemployment, while 23,118 cited other reasons such as layoffs

Last week, a groundbreaking achievement marked the inauguration of Israel's largest floating solar project, situated atop water reservoirs in Kibbutz Ma'ayan Zvi near Zichron Ya'akov. This ambitious endeavor, spearheaded by the Carmel Coast Water Association, in collaboration with Tralight and Synergy, boasts a remarkable capacity of 31 megawatts. With a total estimated cost of approximately NIS 130 million, this initiative is poised to reshape the country's renewable energy landscape.

In a highly anticipated address at the United Nations General Assembly in New York, Israeli Prime Minister Benjamin Netanyahu discussed a range of topics, including the potential for peace with Saudi Arabia, the Palestinian issue, and mounting tensions with Iran. Simultaneously, outside the UN building, hundreds of protesters gathered to voice their discontent with the government

Nova, which develops measurement solutions for chipmakers, is expanding into another field and increasing its potential market. Nova, under the management of Eitan Oppenheim, has signed a binding agreement to acquire the German company Ancosys for $ 100 million in cash, including a payment of $ 10 million contingent on the performance of the acquired company. Nova estimates that the transaction will be completed in the first quarter of 2022 and it is expected to increase its profit on a non GAAP basis within 12 months of its completion. Ankosis is a private company headquartered in...

Petah Tikva Mayor Rami Greenberg is the head of the local authority that was questioned on Monday by the National Fraud Investigation Unit (JHA) in Lahav 433 on suspicion of a case involving offenses of fraud and breach of trust, extortion, abuse of power, bribery and conspiracy to commit a crime. Allowed for publication this morning. Along with Greenberg, who previously served as a police detective, three of his associates were questioned

US chip giant Intel will buy Israeli startup Habana Labs for $ 2 billion. Bana Labs produces chips specifically designed for artificial intelligence processing. In the announcement of the acquisition, Intel said that the founder and chairman of the company, Avigdor Vilentz, "will serve as senior advisor to the business unit as well as Intel" and that the company will continue to operate from Israel. Intel said the two companies "could accelerate the development of the best artificial intelligence products into data centers. The integration of the companies strengthens Intel's line of...

Google acquires the Israeli cyber company Simemplify for an estimated amount of hundreds of millions of dollars. A little while ago Google issued an official announcement about the deal. According to the announcement, Simplify will join the Google Cloud security team, "to help companies deal more successfully with cyber threats." This is Google's largest acquisition in Israel since it acquired Waze for $ 1 billion, and the first time it has acquired a company in the cyber field - which indicates its intention to establish an activity in the field of information security here for the first...

Israel Chemicals Ltd (ICL), now known as ACL, has witnessed a tumultuous second quarter in 2023, grappling with plunging profits and a sharp decline in product prices. However, recent indicators of price stabilization and increased demand suggest a potential turnaround for the fertilizer and minerals producer. Since the commencement of the third quarter, ACL's stock has surged by 16%, hinting at a potential upswing in the company's financial results for Q3. This comes as a relief after the company faced a severe blow in Q2, when a precipitous fall in fertilizer prices and reduced...

The struggle over the cost of living intensifies close to the establishment of a new government in Israel. Binyamin Netanyahu is making efforts to establish his government very quickly, but the marketing chains are not interested in fighting the angry public over the price increase. The question being asked now is whether the marketing chains are boycotting Unilever or is Unilever boycotting the chains? From the beginning of the month, Shufersal, Osher Ed, Bitan Wines, Yohannoff, Half Free, Victory and Rami Levy do not accept products from the European giant company that imports Dove, Sif,...