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Inside Israeli Technology

Israel technology headlines

Headlines related to the Eilat Eilot Renwable Energy Conference dominated this past week. Israel Cleantech Ventures filed with the SEC that it is about half way to raising $100 million and the cities of Jerusalem and Chicago formed an environmental partnership. In the IT sector CSR bought Israeli imaging and video technology company Zoran for $679 million. For these stories and more, see this week’s headlines below.

Cleantech
1. The Holy City & The Windy City To Form Historic Environmental Partnership
“We need mammoth human collaboration in order to surmount our global environmental problems. And let’s face it, we have a few of those: coral reefs potentially a thing of the past by 2050, oil set to peak just as the demand for it increases, and water- the source of all life – already a luxury commodity in places like Yemen. But it isn’t over till it’s over. In recognition of their numerous challenges, but determined to overcome them, two cities are planning to create mutual solutions. Chicago and Jerusalem will soon announce their new “green” friendship…”

2. Israel and Poland sign agreement on water, energy (Roundup)
“Israel and Poland signed a joint declaration of cooperation on water supply and sustainable energy technology Thursday, as the two countries held a joint cabinet meeting that Israeli premier Benjamin Netanyahu said would strengthen ties…”

Investment and Economy
3. Israel Cleantech Ventures Raising $100 Million for Energy Innovation
“Israel Cleantech Ventures, the tiny but talented nation’s first cleantech-focused fund, is now more than halfway to raising a $100 million fund, according to a filing this week…”

4. CSR buys Israel’s Zoran for $679m
“The British company CSR has agreed to buy Israeli imaging and video technology leader Zoran in a $679 million all-share deal. The sale is expected to be completed in the second quarter of 2011…”

5. 4 Israeli Firms Headed to $1 Billion
“A $1 billion market capitalization is the dream of every entrepreneur who makes it to an IPO. Generally, the entrepreneur begins dreaming of that target after the company first passes the milestone which is considered the most difficult on that path — sales of over $100 per year…”

Information Technology
6. MoMonis Mobile Game Development Studio Launched
“Last June, TheWadi published an article about MoMinis, a promising start-up that was busy creating a mobile game development suite that would enable those who lack special programming skills to create, convert and market cross platform mobile games. Well, the wait is over, and MoMinis Beta stage has matured into a publicly available offering…”

Miscellaneous
7. Palestinians turn to technology to avoid roadblocks
“Adopting an attitude of “If you can’t beat’em, go around’em,” Palestinian computer programmers have developed a simple text-messaging system to help cope with surprise or crowded checkpoints set up by the Israeli army across the West Bank…”

8. EZchip Could Be an Acquisiton Target for Marvell: Analyst
“Israel-based EZchip Semiconductor Ltd. (NASDAQ: EZCH) is an acquisition target for a handful of communication integrated circuit companies and could be a logical fit with Marvell Technology Group (NASDAQ: MRVL), an analyst at Benchmark Capital wrote in a note to clients…”

9. Citi sees $5b gas revenue for Israel
“Citi Global Markets analyst David Lubin predicts a rosy future for Israel. He says, “Gas could eventually contribute about $5 billion per year to Israel’s balance of payments, at current prices…”

Israel technology headlines

Extreme Reality impressed the crowd at the Mobile World Congress in Barcelona last week when it unveiled its gesture control technology for mobile devices. The technology will be on some new mobile phones debuting later this year. Content recommendation engine Outbrain raised $11 million and Israeli consumer web companies have attracted the attention of at least one prominent VC. For these stories and more, see this week’s headlines below.

Cleantech
1. Arison Group’s Solaria Teams With Soltec To Build Solar PV Field in Israel
“Israel-based Shikun & Binui Solaria, a subsidiary of the Arison Group’s Shikun & Binui Renewable Energies, will build a 6.7 MW solar PV (photovoltaic) field in southern Israel in collaboration with the Spanish multinational Soltec Renewable Energies. According to the agreement announced this week, the solar power facility will be built at the site of the Timna copper mines, not far from Kibbutz Ketura, where Arava Power is building Israel’s first land-based PV array following a landmark power purchase agreement (PPA) signed in November…”

Investment and Economy
2. Europe’s Top VC On “Covering The Ground Between San Francisco And Tel Aviv”
“Saul Klein is generally thought of as the top VC in Europe. He’s a partner at Index Ventures, which invested in companies like MySQL, Skype, Last.fm and BetFair.”

3. Economy expands 7.8% in 4Q
“The economy grew at the fastest pace in four years in the fourth quarter of 2010, driven mainly by private consumption and investments, the Central Bureau of Statistics reported Wednesday.”

4. Has Silicon Valley Relocated To Tel Aviv?
“Tech oracle George Gilder is not a fan of investing in alternative energy – he sees it as a worthless side pursuit that is diluting the power of Silicon Valley. So the chip guru is looking elsewhere for investment opportunities, namely Israel. “Israel has become a new Silicon Valley just as our own Silicon Valley gets paled over by green goo,” he puts it bluntly.”

5. Content Recommendation Engine Outbrain Nabs $11M in New Funding
“Internet startup Outbrain just grabbed $11 million in a third round of funding, bringing the company’s total financing to $29 million. Previous investors Gemini Israel Funds, Carmel Ventures, GlenRock Israel, Rhodium and Lightspeed Venture Partners all participated in the latest round…”

Information Technology
6. My6Sense Brings Digital Intuition To Twitter On Chrome
“My6Sense offers a content curating service based on the company’s trademark, ‘Digital Intuition’ which relies on an analysis of user online preferences . The company’s product has so far been offered as a content curating solution for the entire spectrum of digital venues, the new Chrome extension breaks away from this. The Chrome extension takes My6Sense proven abilities, and applies them just to a person’s Twitter stream. Once installed, the extension adds a new ‘My6Sense’ column to Twitter’s on-site GUI…”

7. 55 Israeli start-ups at Mobile World Congress
“The Israel Export and International Cooperation Institute brought together 55 start-up companies to present at the booth it is renting at the Mobile World Congress in Barcelona this year…”

Miscellaneous
8. Coming soon: Wave your hand to control your phone
“Here’s another reason besides video chat that you might want a front-facing camera on your next mobile phone: controlling it by waving your arm or moving your hand…”

9. The 72,000-to-1 ratio
“Here’s a secret: I really have an easy job, writing about Israeli startups and technology; there is so much innovation and creativity in this country, there’s always something to write about. If I were doing this kind of column in, for example, South Korea, Japan, Canada or even Germany, I’d have a much harder time of it…”

Israel technology headlines

During the past week, Israeli telecom Intucell announced it raised $6 million for its technology that will enable wireless carrier networks to work more efficiently amid the growing mobile data demand. Cellogic’s FlyScreen made its iPhone debut and President Shimon Peres and several high-tech CEOs unveiled a new plan for increasing the amount of Israeli Arabs working in high tech. Check below for these stories and the rest of this week’s headlines.

Cleantech
1. SolarEdge Technologies Wins the Red Herring Global 100 Award 2010
“SolarEdge Technologies, an innovative provider of distributed solar power harvesting and PV monitoring solutions, today announced that it has received the Red Herring Global 100 award. The honor recognizes the leading private companies from North America, Europe, and Asia, celebrating their innovations and technologies across their respective industries…”

2. How Israel Will Lead The Search For Oil Substitutes (And How The Rest Of The World Is Watching
“Long considered leaders of R&D and Clean Technology, particularly in the fields of water desalination and solar energy technology, Israel has now set firm sights on leading the shift away from oil dependence. Between now and 2020, the tiny country intends to spend NIS 14 billion (US $ 3.82 billion) to help innovators and researchers test viable alternatives to oil. And while often slow to implement their own technology, cooperation with Europe may change that…”

Investment
3. Intucell Raises $6M Amid Telco Transformation
“Intucell, an Israeli startup, has raised $6 million in a Series A round led by Bessemer Ventures. The company, which was founded in 2008, is one of several helping transform telecommunications networks to handle a wider array of base stations and methods of connecting back to the web…”

4. Venture Geeks Launches New Startup Accelerator Program in Tel Aviv
“GeekMedia, the company behind the Israeli blog NewsGeek (Hebrew) has launched VentureGeeks, a new incubator program in Israel, which will provide seed funding and mentorship to Israeli startups. The Tel-Aviv based incubator is meant to serve as an accelerator program for startups, following the model of US based Y Combinator. Startups which are admitted to the program will receive up to $20,000 in pre-seed funding, office space, administrative services and advice from a group of mentors. The cost for startups is 10% of their equity…”

5. TrendIT cellular demographics analysis start-up raises $3 million
“TrendIT, a cellular demographics analysis start-up founded in 2008 by Dr. Erez Weinroth, has raised $3 million from Avi Shaked, owner of the 888 online gaming company, the Israel Venture Capital Research Center (IVC) reports…”

Information Technology
6. VisualBee 2.0 Powerpoint Presentation Enhancer Marches On
“VisualBee is a presentation enhancement tool that interfaces with the PowerPoint’s GUI in the form of an additional functionality layer. It allows users to dramatically enhance the look, and feel of any PowerPoint presentation with just a click of the button…”

7. FlyScreen lands on iPhone but not as we know it
“FlyScreen, the lock screen replacement for Android and Symbian phones from Israeli startup Cellogic, has landed on the iPhone. But not as we know it…”

Miscellaneous
8. Peres, high-tech leaders to launch Israeli Arab jobs project
“President Shimon Peres and 20 high-tech CEOs will hold a press conference at the Dan Tel Aviv Hotel on Wednesday, February 9, where they will announce the first project of its kind in Israel for employing Israeli Arabs in high tech. The project will include a website where Israeli-Arab students can send their CVs to high-tech companies – www.maantech.org.il…”

Israel technology headlines

During the past week, Answers.com announced that it was acquired by Summit Partners for $127 million in cash and will be going private. Israel’s Cabinet approved an emergency plan to increase desalinated water production and Geekmedia revealed the creation of an Israeli startup incubation business modeled after Y Combinator. For these stories and more, see this week’s headlines below.

Cleantech
1. Italy’s Solergy Headed by Israeli From the Global Village
“Reared in California by Israeli parents, and married to an Italian wife, Yoav Banin speaks to his two young sons in Hebrew while raising them in Rome. This 38-year-old trilingual Silicon Valley veteran is co-founder and chief executive officer of Solergy, founded in 2007 to create and manufacture advanced concentrated photovoltaic (CPV) technology. Using optics to focus sunlight over 500 times onto special photovoltaic cells, CPV increases solar energy conversion efficiency while reducing the amount of expensive materials that often hamper the practicality of this field…”

2. Cabinet approves 420m cu.m. desalination plan
“The cabinet today approved an emergency plan to increase desalinated water production to 420 million cubic meters in 2013, in order to deal with the water crisis and ensure a reliable supply of water to the population, while protecting natural water sources. The production target is larger than the amount of water drawn annually from the Kinneret…”

Investment
3. Chinese money seeking Israeli technology
“Jay Young, who is currently visiting Israel, is a partner at a Chinese investment firm looking for business opportunities for High Net Worth Individuals…”

4. Q&A Site Answers.com Acquired By AFCV Holdings For $127 Million In Cash
“Q&A platform Answers.com has been acquired by AFCV Holdings, a portfolio company of Summit Partners, for $127 million in cash or $10.50 per share. AFCV will be delisting Answers, which was a public company, from the NASDAQ and taking the company private…”

5. Venturegeeks will incubate startups in Israel
“Geekmedia, the company that operates Israeli technology blog newsgeek.co.il, is getting into the startup incubation business with a new program called Venturegeeks…”

6. Outbrain Buys Surphace From AOL
“Outbrain bought the content recommendation system Surphace from AOL for an undisclosed sum. Surphace is a reincarnation of Sphere, a startup founded by Martin Remy and Steve Nieker in 2006 as a related content plugin and was later acquired by AOL in April 2008 for a rumored sum of $25 million. In October 2009, AOL re-branded the service to Surphace and launched a self served solution for related content called S4. Since launch, the self served solution has attracted over 3,000 publishers and around 1 million page views a day…”

Information Technology
7. Rounds, Steroid Driven Video Chat, Anounces New Features
“The people at Rounds who sired the interactive video chat platform, have reason to be happy. Last August the company launched a Facebook application, that has grown to over 300,000 monthly users. The Rounds Facebook community has joined forces using the photo booth feature to take, no less than, 2 Million chat snapshots since then. Now Rounds have announced their plans for the coming months…”

Miscellaneous
8. Cabinet Approves National Plan to Reduce the Dependence on Oil in Transportation
“The Cabinet today (Sunday), 30.1.11, approved a national plan to develop technologies to reduce the global use of oil in transportation. The Government will invest approximately NIS 1.5 billion over the next decade and will work to raise billions of additional NIS from outside sources…”

9. GE and start-ups: Dancing with elephants
“GE Healthcare has three units responsible for seeking technologies outside the US: in Russia, Japan and Israel…”

Israel technology headlines

A new venture set up by General Electric (GE), ConocoPhillips, and NRG Energy has plans to potentially invest part of its $300 million in early-stage technology firms from Israel. Gesture control company Omek Interactive has raised an undisclosed sum from investors and Iway and Cellcom have launched the first full entertainment and Internet system for the car. See below for these stories and more.

Cleantech
1. Israel to train Indians in modern harvesting methods
“The year of 2010 wasn’t outstanding when it came to venture capital and the funding of start-ups, but it ended on a positive note, with 32 fourth quarter IPOs of venture capital-backed start-ups on Nasdaq, double the third quarter’s figures…”

2. 72% Efficient ZenithSolar Gets Demo Down Under
“ZenithSolar’s first 16-unit project has been up and running successfully in Israel for a year at Kibbutz Yavne, making electricity to sell the grid, and hot water for its 230 residents, producing at peak production 250 KW Combined Heat and Power on a relatively small footprint of only 352 square meters (3,789 square feet). Now the breakthrough Israeli firm is about to bring a high profile demo to Australia, where Greenearth Energy Australia plans to show a combined heat and power solar technology that could revolutionize solar energy…”

Investment
3. 3 giants launch venture to fund energy tech startups
“GE, Conoco­Phillips and NRG Energy have partnered to create a venture to invest $300 million in early-stage energy technology firms. The partnership, Energy Technology Ventures, will help fund 30 companies over the next four years, focusing on investments in North America, Europe and Israel…”

4. Omek Expands Management Team, Closes Series B Funding Round
“Omek Interactive, the leading provider of software for gesture recognition and full body tracking, today announced the appointments of gaming and technology industry executives Jonathan Epstein as president and Jon Grande as executive vice president, publishing. The company also announced the closing of a series B round of funding from an international group of private investors…”

5. Cloud gaming co Playcast raises $10m
“Cloud gaming start-up Playcast Ltd. has raised $10 million in its second financing round led by Jerusalem Venture Partners (JVP) and MK Capital of the US. Current investors Xenia Venture Capital Ltd. (TASE:XENA) and C. Mer Industries Ltd. (TASE: CMER) also participated in the round…”

6. Nothing ventured
“The role of venture capital, as is well known, is to invest capital in risky start-up companies. However, what happens when the venture capital funds don’t have capital, and aren’t prepared to take risks?…”

Information Technology
7. Cellcom and Iway launch Internet system for cars
“Start-up Iway Mobile and Cellcom, Israel’s largest mobile phone operator, launched on Sunday a communications, Internet and entertainment system for the automobile…”

8. SURF Communication Solutions Selected by Texas Instruments as Third Party Provider of Mobile Video Enabling Technology
“SURF Communication Solutions (SURF) (http://www.surfsolutions.com/), a leading provider of high-capacity multimedia (data, voice and video) enabling technologies and end-to-end communication solutions, today announced that Texas Instruments Incorporated (TI) has selected SURF to provide their H.223 module affording mobile video content delivery with TI’s TMS320CC64x+ and TMS320CC66x digital signal processors (DSPs)…”

Miscellaneous
9. Israel Turning to Technology Prowess to Enhance Global Economic Role
“Israel is weighing steps to leverage its place in the global economy by acting as technology mentor to the rising powers like China, India and Brazil, according to Eugene Kandel, chief economic adviser to Prime Minster Binyamin Netanyahu…”

10. Media love Tel Aviv
“2010 was a record-breaking year for media coverage of Tel Aviv, with over 100 television crews and 200 print journalists from over 30 countries descending on the city that never sleeps, a study released this week found…”

11. Can airports be better protected?
“To those of us with a watching brief or professional association with the aviation world, a grim inevitability surrounded the events that unfolded at Domodedovo airport on Monday afternoon…”

Israel technology headlines

This past week Intel announced that it will be investing $2.7 billion into its plant in southern Israel and will be hiring 1,000 new employees this year. Construction began on Israel’s largest desalination plant and Ernst & Young acquired cyber security startup Hacktics Ltd. For these stories and more, see the headlines below.

Cleantech
1. SDL building Israel’s largest desalination plant
“SDL Desalination Ltd said on Sunday it began construction of the world’s largest reverse osmosis desalination plant, hoping to alleviate Israel’s water shortage.”

2. The Aquatic Solar Farm
“Solar power may be clean and green and very efficient in terms of space requirements when it comes to rooftop solar energy systems; but major solar farms require large tracts of land. Addressing this issue is Israel-based Solaris Synergy’s Floating Concentrating Photovoltaic (F-CPV) system.”

Investment
3. Ernst & Young acquires Israeli cyber security specialist
“Ernst & Young announced that Kost, Forer, Gabbay & Kassierer, the organization’s member firm in Israel, has acquired the professional services arm of Hacktics Ltd., an Israel-based organization that provides a groundbreaking approach to identifying and addressing cyber offenses.”

4. Intel readies $2.7 billion Israel investment
“Intel is to invest $2.7 billion in Israel to upgrade its chip plant over the next two years, marking another investment by the chip giant in strategic locations around the world.”

5. Start-up funding grew in 2010
“The concerns for Israel’s high tech start-ups may have been overdone. In a slow year of 2010, 391 Israeli high-tech companies raised $1.26 billion from local and foreign venture investors, reports Israel Venture Capital Research Center (IVC) in its quarterly survey, in cooperation with KPMG Somekh Chaikin Israel.”

Information Technology
6. EMS, CTI and NETCOM to Launch Micro-Modular Data Centers in Israel
“Elliptical Mobile Solutions (EMS) today announced it will launch its Micro-Modular Data Centers™ in Israel together with Channel Partner Computech International (CTI) and communications integrator NETCOM.”

7. ActivePath Brings Smart Online Banking To Email
“As far as new technologies are concerned, Banks are known to be notoriously slow to adopt them. It has been said that for a financial technology startup to succeed it most have some kind of disruptive technology, but not too disruptive. ActivePath, is one such company, having patented a 2Way Email Banking System, that seems to offer this oft sought balance.”

8. Preventing another Wikileaks
“Companies and government agencies anxious to better protect sensitive documents are eager to try the SmartCipher system developed by Israeli startup Covertix.”

Miscellaneous
9. Seeking great tech ideas? Check the garage
“Pot-luck dinners and guest appearances by the world’s top techies characterize GarageGeeks, an informal but influential Israeli ‘high-tech incubator.’”

10. Chinese academics here to learn about Israeli innovation
“China can benefit greatly by following the Israeli model of innovation, a noted visiting Chinese academic told The Jerusalem Post on Wednesday.”

Israel technology headlines

Investment in Israeli biofuel and energy efficiency companies is expected to rise in 2011. Groupon entered the Israeli market with its purchase of group coupon savings site Grouper and more details about the Stuxnet worm and the role Israel and America probably played in its creation continue to unfold. For these stories and more, see the rest of this week’s headlines below.

Cleantech
1. Israeli sewage treatment technology – effective, cheap
Mapal Green Energy has seen its business surge over the past several months as kibbutzim and local authorities start figuring out how to meet new sewage treatment regulations set down by the Inbar Committee…

2. Investment in Israeli biofuel, energy efficiency to rise in 2011
This year will see a steady rise in investment in biofuel and energy efficiency companies in Israel, a government-sponsored investor based in the state has revealed to NewNet…

Investment
3. PrimeSense raises round for motion-control chips
PrimeSense has raised a round of private equity funding as part of its plan to expand its motion-control chips beyond Microsoft’s Kinect game console product…

4. Groupon buys into Israeli market
American grouped purchases giant Groupon has acquired the Israeli coupon website, Grouper, in a multi-million dollar deal. Local media reports estimated the deal at $8- 15 million…

5. Viola Private Equity Pumps $7 Million into Zend
Viola Private Equity, an Israeli PE fund with $164 million under management for technology buyouts, has announced a $7 million investment in Zend, the leading provider of open-source and commercial solutions based on PHP web applications…

Information Technology
6. Israel Tests on Worm Called Crucial in Iran Nuclear Delay
Over the past two years, according to intelligence and military experts familiar with its operations, Dimona has taken on a new, equally secret role — as a critical testing ground in a joint American and Israeli effort to undermine Iran’s efforts to make a bomb of its own…

7. Peer39 Is Now Semantically Plowing Through 47 Billion Pages A Month
Back in the day, and by that I mean six months ago, a ‘Pivot’ was simply known as ‘a change in strategic directions’. Call it what you may today, Peer39 made one of these eighteen months ago, and hasn’t looked back…

8. NDS enters connected TV market
NDS is premiering a ready-made software solution designed to provide a framework for over-the-top services. It has developed a platform based around the dual ARM Cortex-A9 processor and ARM Mali-400 MP GPU and its NDS InfiniteTV product…

Miscellaneous
9. IBM Haifa lab receives most US patents in Israel
IBM inventors received a record 5,896 US patents in 2010, marking the 18th consecutive year the company has topped the list of the world’s most inventive companies. Samsung was second, with 4,551 US patents, and Microsoft was third with 3,094…

10. Motion-control startup Omek is bringing gesture controls to the PC (video)
After the smashing success of Microsoft’s Kinect motion-control system for the Xbox 360, a bunch of companies are getting excited about taking the technology to PCs and other devices. We profiled Sixense earlier today, and here’s a snapshot of motion-sensing software firm Omek Interactive, which was founded in 2006…

11. MasterPad prototype marries Windows 7 to 11.6-inch IPS screen (video)
Check out this 14mm-thin contender: built by Pegatron and still at the prototype stage, the MasterPad looks to be the embodiment of Steve Ballmer’s incoming armada of desirable Windows 7 tablets…

12. Modu expected to close its doors after raising $123M
A few years back, Modu was considered a hot Israeli company. Headed by Dov Moran (pictured), the company created what it called the world’s lightest phone and made modular designs that could change the phone’s functions by replacing its outer shell, or jacket…

israel-technology-headlines

The investment arm of auto manufacturer General Motors (GM) announced that it invested in Israeli startup Powermat, the company’s first investment in an Israeli company. AT&T will be opening a mobile app development center in Tel Aviv sometime in 2011 and Jinni, a movie and TV show recommendation engine raised $5 million. For these stories and more, see below.

Cleantech
1. Israel focuses its energy on clean technologies
“After a successful run of high-tech and computer-related innovation, Israel is focusing its ambitions on the next big thing — preparing the world for life without coal and oil…”

Investment
2. NIS 200m VC investment plan comes into effect
“The government plan to encourage Israeli institutional investors to invest in domestic venture capital funds came into effect today…”

3. Movie And TV Show Recommendation Engine Jinni Raises $5 Million
“Israeli startup Jinni has just announced it has raised $5 million in Series B financing to further its personalized TV and movie recommendation service…”

4. Magic Raises approximately $25 million in Recent Filings
“There aren’t too many Israeli companies that have reached this scale: Magic Software (NASDAQ: MGIC), a veteran Israeli software company specialized in cloud and on-premise application platform and business integration solutions, has raised $21.2 million…”

5. GM investment arm invests in Israeli start-up Powermat
“The investment arm of General Motors has made its first investment in Israel. General Motors Ventures has invested $5 million in start-up company Powermat, which has developed a mat on which up to three electronic devices can be charged simultaneously, and wirelessly…”

Information Technology
6. Promisec Named in Top 100 Fast-growing EMEA Companies
“Software vendor Promisec has been recognized within the top 100 fastest-growing companies within EMEA as identified by The Deloitte Technology Fast 500 Europe, Middle East and Africa 2010 winners…”

7. AT&T Opening Three Facilities for Mobile App Devs
“AT&T is building three facilities that mobile application developers can visit to access tools and resources and test their applications, the company said on Wednesday…”

Miscellaneous
8. IBM predicts top 5 technologies in next 5 years
“IBM unveiled its 2010 “Next 5 in 5” list last week, which predicts which five technologies will make a significant impact in people’s lives in five years’ time…”

9. Israel’s pollution regulation gets boost from new law limiting car emissions
“The Environmental Protection Ministry will now have the authority to place stricter limits on emissions from industrial plants and motor vehicles, according to a new law going into effect today…”

10. NIS 600m Disney park, multiplex planned for Haifa
“New Lineo Cinemas (2006) Ltd., owned by the Edery family and Walt Disney Company (NYSE: DIS) investment arm Shamrock Holdings, will build a NIS 600 million 25-screen multiplex and Disney amusement park at the Check Post exit from the Carmel Tunnel in Haifa…”

11. Inside Israeli Tech: 2010 Headlines in Review
“In 2010, Israel’s Internet sector came of age, mobile hit its stride, more capital began to flow into Israel, and several companies grew. Here is a video recap of some of the biggest headlines and stories from 2010…”

In 2010, Israel’s Internet sector came of age, mobile hit its stride, more capital began to flow into Israel, and several companies grew. Here is a video recap of some of the biggest headlines and stories from 2010.

Happy 2011!

israel-technology-headlines

Israel’s cabinet is set to approve a new plan that will expand opportunities to set up solar-powered facilities to generate electricity in different locations. IPTV company PeerTV raised $2.4 million to complete the first Israeli IPO on London’s AIM in three years and microSteps, an online communications provider mainly for preschools, won the first Yazamiyot startup competition. For these stories and more see this week’s headlines below.

Cleantech
1. Israel’s electric grid set to go solar

2. GE Partnership With Kinrot Ventures Takes Clean Water Innovation Global

Investment
3. BIRD Foundation invests $5.4m. in Israel-US projects

4. IPTV co PeerTV raises $2.4m on London’s AIM

Information Technology
5. microSteps wins Yazamiyot’s first startup competition

6. Apple’s iPad helps Israeli hospital treat patients

7. Israel’s fastest growing software companies of 2010

8. Mobile dealer management fraud is on the rise

Miscellaneous
9. More immigrants among entrepreneurs

10. The Civil Administration Helps Palestinian Farmers Improve Their Techniques

11. Cisco to invest $5m in Palestinian investment fund

12. VC Predictions for 2011