Tweet Earlier this week, Intrinsyc, a mobile and embedded software solutions provider, announced that it signed a Soleus license agreement with a large Original Design Manufacturers (ODM) of computers and consumer electronics devices to use the Soleus software platform to create a handheld barcode-reading payment device, and a mobile phone capable of delivering location-based services […]
Browsing Posts in Mergers and Acquisitions
Tweet Despite reports that thousands of IT workers in Israel will lose their jobs in the coming months, Israeli companies seemed unfazed by economic woes during the week of December 21, 2008 which saw a lot of investment and M&A activity. Several deals were also made, including Mobileye landing a $150 million contract for its […]
Tweet The week of October 12th was surprisingly busy in Israel. Talk of how Israeli universities and colleges might not open this year due to funding continued, while a serious solution to the recent “brain drain” problem was proposed. Though darker days are still ahead for the U.S. and global economies and VCs and others […]
Tweet There may be trouble lurking around the corner for Israel’s economy given the current instability of the global economy, but it hasn’t entirely stopped investments being made in Israeli companies and probably won’t. During the week of September 21, 2008, there were announcements of funds being raised in several sectors of Israel’s hit-tech industry, […]
Tweet 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 […]
