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  • mayay 3:22 pm on August 4, 2015 Permalink
    Tags: , ieic, israel asia, , israel export and international cooperation institute, israel hong kong, israeli designers   

    IEIC Opens Pop-Up Store For Israeli Designers In Hong Kong 

    israelexportlogoAugust 4, 2015 | The Israel Export & International Cooperation Institute announced that it will open a pop-up store for Israeli designers in Hong Kong in late October. The pop-up store will showcase 20 Israeli product designs to potential buyers in East Asia, featuring diamond and jewelry retailers as well as other consumer goods. “This is a new initiative to promote young Israeli designers to the wider world and build the Israel brand name in the global design marketplace,” said Elad Goz head of the Economic & Trade Mission at the Israeli consulate in Hong Kong.

  • mayay 3:17 pm on August 4, 2015 Permalink
    Tags: , , kaspersky lab, kaspersky lab israel, re-sec technologies, security in motion,   

    Three Israeli Cos. Compete In Kaspersky Lab Competition 

    KasperskyAugust 4, 2015 | The international Internet Security company Kaspersky Lab announced that three Israeli startups will compete in the final stages of the Kaspersky Lab Security Startup Challenge next week. The competition is part of the company’s attempt to identify “cyber-stars” in the industry. The three Israeli startups, Re-Sec Technologies, Cyber DriveWare and Security in Motion will compete against eight other startups from the US, Romania, Singapore, Slovakia, Russia, Germany, and Norway. The final competition will take place at the Massachusetts Institute of Technology with the companies competing for $80,000 in prizes. Kaspersky Lab opened an office in Israel in 2013.

  • mayay 3:00 pm on August 4, 2015 Permalink
    Tags: , , israeli software companies california, , zeev suraski, zend technologies, zend technologies acquisition   

    Report: Zend Technologies To Be Acquired 

    zendlogoAugust 4, 2015 | The Israeli infrastructure software company Zend Technologies is set to be acquired by an international software company for tens of millions of dollars, according to a “Calcalist” report. This is a welcomed acquisition for a company that was valued at $63 million four years ago, and $95 million nine years ago. The details of the deal still remain unclear. Zend Technologies was founded in 1999 by Andi Gutmans and Zeev Suraski.

  • mayay 4:13 pm on August 3, 2015 Permalink
    Tags: axiomsl, axiomsl jerusalem, global financial services israel, haredis in high tech, ,   

    AxiomSL Establishes Office In Jerusalem 

    axiomslAugust 3, 2015 | The developer of software for the global financial services industry AxiomSL announced that it will open an office in Jerusalem. As part of the terms of opening the office, AxiomSL has committed to hiring orthodox Jewish workers at the office. The company will start out with 10 employees and hopes to expand to 50 employees within the next year. AxiomSL is headquartered in New York and was founded in 1991.

  • mayay 3:58 pm on August 3, 2015 Permalink
    Tags: athoc, athoc acquisition, blackberry secure communications, israel communications tech, ,   

    Blackberry To Acquire AtHoc 

    athoclogoAugust 3, 2015 | Blackberry Mobile Communications announced that it has entered into a definitive agreement to acquire AtHoc. While the terms of the transaction have yet to be disclosed, AtHoc’s secure communications network is set to go towards Blackberry’s line of secure mobile options. The transaction is set to be completed in Blackberry’s 2016 third fiscal quarter. AtHoc was founded in 2005 by Ly Tran, Aviv Siegel and Guy Miasnik.

  • mayay 3:51 pm on August 3, 2015 Permalink
    Tags: airbnb for event spaces, , qprize israel, , , splacer events,   

    Splacer Wins $250K In Qualcomm’s QPrize 

    splacerlogoAugust 3, 2015 | Splacer, the event space renting platform, was selected by Qualcomm as the Israeli winner of the company’s QPrize. Splacer will now compete against seven other international companies for the grand QPrize, which entails a funding round for the winner. As part of their initial win in Israel, Splacer received a prize of $250,000. Splacer recently raised $1.4 million in seed funding. Splacer was founded in 2014 by Lihi Gerstner and Adi Biran.

  • mayay 3:43 pm on August 3, 2015 Permalink
    Tags: exalenz, exalenz breath id, exalenz galectin, exalenz partnership, , israel healthg news   

    Exalenz Receives FDA Approval 

    exalenzAugust 3, 2015 | Exalenz, the Israeli company that develops devices for detecting gastrointestinal and liver conditions, announced that it received FDA approval in a joint clinical trial with Galectin Therapeutics. Exalenz’s product, the BreathID, will be used in a second-stage clinical trial for an experimental treatment for fatty liver disease. Exalenz is headed by CEO Raffi Werner.

  • mayay 3:06 pm on August 3, 2015 Permalink
    Tags: foamix drugs, foamix foam drug delivery, foamix rosacea drug, foaxim bayer agreement, , , israeli pharmaceutical firms   

    Foamix Receives Approval For Rosacea Drug 

    foamixAugust 3, 2015 | Foamix Pharmaceuticals received approval for its product that treats Rosacea. The development license for the product was granted to Bayer, the international pharmaceutical company that carried out the clinical trials and registered Foamix’s product for marketing. As part of the deal with Bayer, Foamix will receive payments which its estimates will reach a value of $10 million in total. Foamix is the developer of foam-based drugs and was founded in 2003 by Dov Tamarkin.

  • mayay 3:02 pm on August 3, 2015 Permalink
    Tags: harel gadot, , investment in israeli biomed companies, , israeli evergreen firms, medx ventures, medx ventures group   

    MEDX Raises $30M For Israeli Biomed Startups 

    medxlogoAugust 3, 2015 | The biomedical investment fund MEDX Ventures Group announced that it raised a round of $30 million. The funds will be put towards seed and pre-seed investments in Israeli biomedical firms, with a special focus on medical device companies. The funds were raised mainly from private investors in the US and Europe. MEDX was founded in 2010 by Harel Gadot, who is also the CEO and chairman of the firm.

  • mayay 2:57 pm on August 3, 2015 Permalink
    Tags: adam markin, battery ventures acquisitions, , israeli companies in new jersey, , psbu nice systems,   

    Battery Ventures Acquires NICE’s PSBU 

    NICEAugust 3, 2015 | NICE Systems signed an agreement to sell its Physical Security Business Unit (PSBU) to the technology investment firm Battery Ventures. According to the terms of the deal, PSBU will be made into a stand-alone unit continuing with its video management and analytics product. The current general manager of the unit, Moti Shabtai, will become the group president of PSBU and Battery Ventures expert-in-residence Adam Markin will serve as the chairman of the company. The newly created company will be headquartered in New Jersey with offices in London, Singapore and an R&D center in Israel.

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