Investment news related to Israeli companies was close to full force during the week of August 31, 2008 with SemantiNet and ASOCS leading the way with $3.4 million and $8 million raised, respectively. There was also some noise on the acquisitions end, with Red Hat announcing its acquisition of Israeli virtualization company, Qumranet. It was also a big week in surveys – a recent survey by Voltaire found that IT executives understand the importance of green data centers but that they don’t have the financial backing to make the transformation, while an NDS survey revealed that more than 80 percent of Americans with a DVR can’t live without it. These stories make up just the tip of the iceberg that is the 24 Israel-related technology headlines from this past week. For the full list and links, check below.
Cleantech
1. Cleantech Israel business network fills niche
2. The cleantech start-up nursery
3. Whitewater Technology Group Acquires Cutting-Edge Water Management Firms
Investments and M&A
4. Israeli hedge funds beat benchmark
5. SemantiNet Announces Combined $3.4M Series A Funding Round, New US Office
6. ASOCS Closes $8 Million in a Second Round Funding Led by FGF
7. Israel’s Infinity invests in Digital China spin-off
9. Connect2Media buys Israeli mobile firm RayFusion
Information Technology
11. Voltaire Survey Shows IT Executives See Greening of Data Center as Mission-Critical, But Lack “Green” To Go Green
12. Red Bend Enables Lenovo Mobile to Manage Software Over-the-Air
13. Oracle’s start-up matchmaker
14. MiniFrame’s Powerful Multi-User PC Solution Implemented by Nigerian Navy
Qumranet Acquisition
15. Red Hat buys Qumranet for $107M. What does this mean for KVM and SolidICE?
16. Red Hat Advances Virtualization Leadership with Qumranet, Inc. Acquisition
17. Red Hat buys Qumranet – Gets KVM and SolidICE
18. KVM vs. Xen vs. VMware. Is it a Hypervisor War?
Miscellaneous
19. Sharp drop in start-up failures
20. Entrepreneurs Find Ways to Make Technology Work With Jewish Sabbath
21. More Than 80 Percent of Americans with a DVR Can’t Live without It According to NDS Survey
23. Media Giant Bloomberg Coming to Israel
24. Shemaroo and Israel’s IMA join hands for mobile VAS
About the author: Lisa Damast is the Membership Manager of ebizQ.net and currently resides in Israel. Any questions or inquiries regarding this blog or ebizQ membership services can be directed to her via email at ldamast (at) ebizq (dot) net. She can also be followed on Twitter, where she covers additional Israeli technology companies and Israel-related headlines and topics.
*About the Weekly Headlines image: The Star of David in the image was found on Flickr and is used under the Creative Commons license. It was originally uploaded by Flickr member, zeevveez. The overall Weekly Headlines image was designed by Lisa Damast.


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