ODM to develop mobile phone capable of delivering location-based services (LBS) using Intrinsyc software
Filed under: Information Technology, Mergers and Acquisitions, Partnerships, Software, Telecomunications, Uncategorized
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 (LBS).
According to a description of Soleus,
“Soleus is a comprehensive mobile software platform, with a telephony stack and a large applications portfolio, which enables mobile and portable device makers to develop and deploy an array of mobile devices quickly. Built on Windows Embedded CE, the flexible Soleus software platform allows numerous feature-set variations to meet the requirements to develop multiple handheld and handset designs.”
Intrinsyc’s Soleus deal comes after several announcements by the company last month and in October regarding deals for its Israel-originated Destinator software. One of the announcements was that Intrinsyc signed an agreement with an OEM to license its Destinator for touch-screen handset and another was that it released a version of the Destinator navigation product for Symbian smartphones and had a distribution agreement with SatNav Technologies for them in India.
According to a description of Destinator,
“Destinator navigation software sets new standards for driver safety, ease-of-use, rich content and user interface customization. The software delivers world-class turn-by-turn navigation with market-leading safety features for personal navigation devices (PNDs), personal digital assistants (PDAs) and smartphones, while also providing cellular, Bluetooth, Wi-Fi and PC connectivity. Destinator is an ideal software solution for in-vehicle and pedestrian-oriented navigation and content browsing.”
Under the touch-screen handset agreement, Destinator software will be integrated to provide a complete navigation solution for a GPS-enabled Windows Mobile handset that is being developed for Asia and Latin America specific Asian and Latin American markets. Additionally, the devices will come pre-loaded with country-specific maps and language support.
In the SatNav deal, SatNav, a GPS technology provider, will distribute the Destinator program for Symbian smartphones. Destinator software will offer Symbian users a feature rich onboard navigation application that combines location with a series of value-added features such as text message location tagging and auto re-routing based on traffic information. The deal marks Destinator’s now being available on all the major mobile device operating systems.
Destinator software was originally developed by the Israeli company Destinator Technologies. In July 2008 the company was acquired by Intrinsyc and remains in Israel now under the Intrinsyc name.
Company Facts
Founded in 2001.
Intrinsyc Software Ltd. (Destinator division) based in Herziliyya, Israel.
Yuval Pecht, Director, PND Product Management.
Products: Destinator and Soleus.
Website: www.intrinsyc.com.
24 Israel-related technology headlines from the week of August 31, 2008
Filed under: Cleantech, Company Briefs, Environment, Information Technology, Mergers and Acquisitions, Telecomunications, VC
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.
17 Israel-related technology headlines from the week of August 3, 2008
Filed under: Cleantech, Company Briefs, Information Technology, Internet Security, Telecomunications, VC
The week of August 3, 2008 was a good one for Israeli companies announcing funds raised. Israeli-Chinese social networking company, Koolanoo raised $25 million, and Confidela, software-as-a-service document security and control company that’s still in stealth mode raised $5 million in second-round funding. Water management companies, Tahal and Environmental Energy Resources Ltd. (EER) made headlines with their projects while VoIP company, JaJah made headlines with its new translation services. For Information Technology news and more, check below for the complete 17 Israeil-related technology headlines from the week of August 3, 2008.
Cleantech
Tahal obtains financing for €41m Ghana water project
UK to use Israeli waste-disposal technology
M&A and Investments
Koolanoo Group raises $25M
WAN optimization co Expand raises $10m
YouLicense.com Secures Funding From Ofer Media and Logia Group
Carl Zeiss SMT to Acquire Israeli Start-Up Pixer Technology
Telecommunications
Micronet to expand its presence in the North American Mobile Resource Management Market
Jacada Signs Material Contract with New Telecommunications Customer in North America
New Translation Services Come to MS Office and JaJah
Information Technology
Shunra Software Joins the VMware Technology Alliance Partner Program
Crescendo Scales to Meet Web Applications’ Need for Speed
Miscellaneous
Applied Materials Promotes Gilad Almogy to Senior Vice President
From Silicon Valley to Silicon Wadi
N-trig Announces Availability of Multi-touch Gestures Software Development Kit
16 Israel-related technology headlines from the week of July 27, 2008
Filed under: Cleantech, Company Briefs, Data Storage, Environment, Information Technology, Telecomunications, Web2.0
The week of July 27, 2008, started off with an opinion piece by NY Times columnist Thomas Friedman about T. Boone Pickens and Shai Agassi leading the energy revolution. Meanwhile, rivals in Agassi’s former field, IBM and Microsoft are moving forward with integrating their recent Israeli acquisitions and Adobe is now seeking its own Israeli technology. Of course, politically, the big news was that Israeli PM, Ehud Olmert, will be resigning in September. How this will impact peace in the region and Israel’s economy, if at all, is yet to be seen. These weren’t the only big headlines from the past week though. The full 16 Israel-related technology headlines from the week of July 27, 2008 are right below.
Cleantech
Texas to Tel Aviv
Luz II parent in Phoenix solar talks
M&A and Investments
Chief Scientist budget not cut – but dry
Multimedia file storage startup raises cash
Information Technology
Penguins in Tel Aviv? It Must Be the Annual Open-Source Convention
Adobe seeks Israeli technology
Microsoft zooms into data quality
Telecommunications
iPoint in Sri Lankan Move
Cisco invests in Israeli multimedia WiFi startup
ClickSoftware Extends Major Contract for Mobile Workforce Management in Germany
Miscellaneous
My ads aren’t your ads
Website allows employee recommendations for pay
Olmert to Quit After Elections in September
MADE IN IBM LABS: IBM Research Develops Technology to Aid Human Memory
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.
23 Israel-related technology headlines from the week of July 20, 2008
Filed under: Cleantech, Company Briefs, Environment, Information Technology, Telecomunications, VC, Web2.0
Project Better Place, telecommunications and speculation about the current state and future of Israel’s hi-tech industry highlight the technology news related to Israel during the week of July 20, 2008. Both the UK and some fuel companies are mulling joining the electric car company, while telecom company, Amimon announced that it will be working with major electronics corporations to establish a WHDI standard for Wireless HDTV connections. Although, news about Israel’s hi-tech industry’s “brain drain,” isn’t new, news about the impact of the strength of the Israeli Shekel vs. the U.S. dollar, the latest crisis are. Companies that created R&D centers in Israel for the benefits of an educated work force that would require less money than their U.S. and Western European equivalents are now freezing their Israeli employees’ incomes and outsourcing to Eastern European countries where it is still cheaper. For more on these stories and the rest of this week’s 23 Israel-related technology headlines, check the list below.
Cleantech
Fuel cos may join Better Place
UK may join Project Better Place
M&A and Investments
New VC fund seeks TV, movie investments
Road safety technology co GreenRoad raises $3m
Agro-biotech start-up Kiima raises $8m
Summary of Israeli High-Tech Company Capital Raising Q2 / H1 2008
Information Technology
SISENSE
Upgrades its Business Intelligence Software With a New Release to
Support Analysis and Charting on top of CSV, EXCEL 2007, Access 2007
FILES; Beta Available for Free
Internet/Web 2.0
Google as a start-up?
PredictAd Leverages Israeli Partnerships for Global Growth (Israel Media Tour)
Telecommunications
Cellcom markets mobile music
Israeli co to launch cellphone-based people finder
Mobixell pioneers technology for cellphone ads
modu selected by AlwaysOn as the Top Mobile Company of AO Global 250
Electronics Heavyweights Work Together on WHDI Technology
Next-Gen Cellphones To Have Israeli Ring
Miscellaneous
Venture IPO drought worst in 30 years
Israel Turns to Outsourcing as the Shekel Soars
Israel neglects its oil fields
Infrastructures Ministry to launch alternative energy center
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.
Aerophone makes it possible for your next in-flight call to be from your mobile
Whether through modular cell phones or making cellphone calls from 30,000 feet up in the air on a plane, Israeli companies sure are busy finding new and improved ways for people to connect with each other on the go. Aerophone Ltd, an Israeli company best known for making military communication products, announced today that it has developed a “communication system,
now ready for series production, with which mobile telephone calls can
be made from aircraft – independent of GSM/CDMA ground stations.”
Mobile phone calls in flight will cost about $1.60 a minute and will be payable to existing mobile carriers. While it isn’t clear why the company has shifted its primary focus from being a military communication product manufacturer to being an aviation communication provider, the company’s website emphasizes that its mission is
“to develop, manufacture, and market revolutionary, state of the
art aviation cellular network systems operating on the fleet of aircraft.”
The company’s aim is
“to establish, for the first time, full cellular communication
services (GSM and CDMA) in commercial airliners in the air.”
As this could come to replace the current in-flight telephone systems, IT professionals should become familiar with what Aerophone’s technology is and how it will impact co-workers making calls on business flights.
Company Facts:
Founded in mid- to late-1990s.
Henry Shabat, CEO and Founder.
Menachem Peery, President and CTO.
Website: www.aerophone.biz
Companies in brief: 29 Israel-related technology headlines from the week of December 16, 2007
The week of December 16, 2007, was filled with new headlines related to the future of nanotechnology in Israel and abroad. Cleantech received its usual attention about investments, plans and government initiatives, and internationally, speculation of a recession in the U.S. and inflation continued. Check out these headlines and the rest of this week’s 29 Israel-related technology headlines below.
Cleantech:
Israel And The US Partner For Clean Energy
World Bank mulls financing Negev solar project
Evogene and Ormat subsidiary receive biodiesel grant
Ben-Eliezer offers plan to promote renewable energy
Israel Cleantech Ventures invests in Citrine Renewable Energy
Solar Market to reach $40 Billion in 5 Years
Investments and M&A:
Value of Israeli VC exits rises 30% in 2007
Don’t believe them: Brokers will tell you TASE stocks are a bargain. Here’s why they aren’t.
Noise control co Silentium raises $1.8m
Plenus invests $2.5m in Logia Content Development
Radcom raises $2.5m in PIPE offering
American VC funds favor Israel, China
CopperGate to be the 1st Israeli start-up to list on NASDAQ in 2008
Nanotechnology:
Israeli Nanotechnology companies have doubled since 2005
Yissum gives birth to biotechnology start up Nanolymf
Nanotechnology Companies Planning to Sell Shares
International:
South American trade block signs trade pact with Israel
Jim Rogers: US is in recession, the administration is lying
Your Taxes: Korea welcomes Israelis
China Less Willing to Be America’s Piggy Bank
Telecommunications:
Ericsson to equip Partner Communications with advanced 3G equipment
Breakthrough deal for Alvarion
Why The Internet Needs to Become a National Priority for Israel
Miscellaneous:
IBM Unveils Semantic Search For Corporate E-mail
Plexiglas-like DVD to hold 1TB of data
Israeli women: Harassment vs. high-tech
The 1st Human Operating System
Companies in brief: 26 Israel-related technology headlines from the week of December 9, 2007
The week of December 9, 2007, was good for Israel’s cleantech sector with the announcements of the Oasis Investment Fund being a new VC fund investing in the Negev and the creation of a new energy tower by Technion researchers that could provide enough energy for entire regions. Also, HP announced its plans to buy NUR Macroprinters and Wall Street Journalist Technology Columnist, Walt Mossberg admitted his surprise at how technologically advanced Israel has become. Israelis abandonment of the U.S. dollar for rent and other purposes continued to prevail. Check out these and the rest of this week’s 26 Israel-related technology headlines below.
Cleantech:
Hebrew U. tech transfer co focuses on cleantech projects
New proposals for competitive energy market
Energy Tower: Power for 15 Earths?
Oasis Investment Fund — new VC investing in the Negev
MK tries to advance major environmental law reform
Investments and M&A:
HP to buy Israel’s NUR Macroprinters
Wound management co Polyheal raises $1m
Chief Scientist to fund 8 new companies
Tactical UAV co Bluebird Aero Systems raises $7m
International:
India next goal for free-trade agreement
Yahoo! to start Internet Program for Technology Investors
Clyde Prestowitz: Israel should join the EU
Walt Mossberg: I’m amazed how Israel has changed
UN adopts Israeli-sponsored resolution on “Agricultural Technology for Development”
Telecommunications:
Breaking News: Kwiry launches viral platform, connects offline world with online
WiMAX Woes Weaken Alvarion
012 Smile.Communications: Competition in Israeli Telecom
Miscellaneous:
Social networks in Israel?
Aternity to collaborate with Oracle
Oracle and Israel’s Chief Scientist form joint venture with Aternity
Dan Dankner: Israel can be an investor’s paradise
Israelis start to abandon dollar linkage
ISRAEL – N-trig makes an online presentation of DuoSense next generation technology
New 3D Camera Makes a Hand a Joystick
Hi-tech output slides for fourth straight quarter
Companies in Brief: Week of November 4th
The week of November 4th Israel’s technology sector saw Shai Agassi’s Project Better Place pick up steam and AOL buy Quigo. Along the way, the high-tech sector received estimates that it would break $32 billion in revenues in 2010 and produced a breakthrough in cellphone security technology. For details and more, check out this week’s slideshow. (Now with convenient section headers: State of Israel Technology, Companies raise funds, Busy week for Telecomunications, M&A Talk, and additional Headlines to Consider.)
For a larger version, click the box,
Company in Focus: Red Bend Software
News
Red Bend Software is a hot company. It is so hot that in the past week and half it was named among the Globes Israel 10 most promising start ups of 2007, ranked #4 on Deloitte Israel’s Fast 50 2007 survey of Israeli companies that have generated the most revenue from 2002-2006 and was a finalist in GSMA Asia Mobile Innovation Awards. Earlier in October, it was announced that Red Bend Software reaches 200 million mobile phones.
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