Articles

Tambour bought the Italian paint company “Colorficio Zetagi” that specializes in producing paints for industry, founded in 1957. Constant features in its history include a strong inclination towards innovation, reliability of their solutions, great production flexibility coupled with a fast delivery service; factors that led the brand to reach prestigious and challenging objectives. Tambour bought Zetagi from a Swiss investment fund in ~7M Euros, and this is the first acquisition of Tambour outside of Israel.

At its press conference at the CES, Intel announced a new collaboration between Israel's Mobilay and Ordnance Survey, the UK government mapping agency. As part of the collaboration, the high-resolution mapping and positioning data of the vehicles produced by the cameras installed in vehicles will be combined with the mapping data of the British government

Shin Bet chief Nadav Argaman has warned in recent days that a foreign country intends to intervene in the Israeli elections, according to the Channel 12 news agency. Argaman said at a conference of the Friends of Tel Aviv University that the attack could be carried out in cyberspace by hackers. The Shin Bet explained that "the State of Israel and the intelligence community have the tools and capabilities to locate, monitor and thwart attempts to influence foreign influence, if any. The ability of the Israeli defense establishment to allow the existence of democratic and free elections in...

The volume of capital raised in Israel in 2018 was $ 6.5 billion, an increase of 17% compared to 2017, according to the annual report issued by IVC Research, in cooperation with the law firm Zisman Aharoni Gayer & Co. The rate of growth in 2018 was higher than that Which was recorded in 2017 and 2016. Not all of the money necessarily flows into the bank accounts of the funds, but rather is used to purchase shares of existing shareholders and of veteran employees. For example, the report mentions that Citrix raised $ 60 million, but $ 45 million was used to buy existing shares

Amazon has confirmed that it is acquiring Israeli start-up Cloud Andndure, which is developing solutions for the public cloud. It is estimated that the purchase amount is around $ 250 million. Cloud Andor, based in Ramat Gan, was founded six years ago and has since raised $ 20 million. The founders of Cloud Andor are CEO Ofer Gadish, Gil Shai, Ofir Ehrlich and Leonid Feinberg, who have invested in the company's corporate venture capital fund, Magma Venture Capital, Zohar Gilon and the InfoSys fund

The budget pit, which will reach NIS 8 billion this year, is expected to double in 2020 to NIS 17.4 billion. The Finance Ministry updated cabinet ministers on the alarming figures ahead of Sunday's cabinet meeting to discuss the severe budget deviation and steps to reduce it. The government will be asked to authorize the Treasury to take the first immediate step to deal with the huge deficit expected in 2019

Aeronautics iwhich produces unmanned planess is sold to Rafael and businessman Avihai Stolero for NIS 850 million. This is a 70% premium on the company's current value on the stock exchange. Rafael and Stolero were granted exclusivity for six weeks until the transaction was approved at the general meeting of the Company. The three funds holding Aeronautics: Violeta, Genesis and KCPS will actually sell their 36% stake in the company

Check Point's cyber investigators, Eran Voknin and Alon Buxiner, have identified serious security weaknesses in the most popular network game in the world - Fortnight. Fortnight has a variety of platforms. Every month nearly 80 million players use Fortnight. The weaknesses found by the researchers enable, in effect, total control over the personal accounts of the users of the game, including the user's personal details, including his credit card information, and the total data on the acount. The users who play with him. The weaknesses allow an attacker to make in-game purchases in his...

The Industrialist Association of Israel and the Federation of Israeli Chambers of Commerce appealed to Finance Minister Moshe Kahlon against "the intention of the Israel Tax Authority to use a new measurement method (WLTP) as an excuse to raise new vehicle taxes. The two organizations are asking the Finance Minister to refrain from making decisions that lead to an increase in living in Israel and to adjust the measurement method, so that it will not lead to the increase of new vehicles

The Central Bureau of Statistics and the Ministry of Economy built a basket of 68 products to help consumers compare prices and cause chains to lower prices. These are products such as milk and dairy products, bread, meat and fish products, dry food, fruit and vegetables, and toiletries and cleaning products. According to the Central Bureau of Statistics, the basket accounts for 45% of the total household expenditure. In the basket are included basic products that are best sellers, so argue the Ministry of Economy. The basket "will enable monitoring of the monthly price changes of the...