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  • mayay 3:23 pm on March 4, 2015 Permalink
    Tags: , israel alternative energy tech, , ormat geothermal power, ormat hawaii,   

    Ormat Technologies To Supply Geothermal Power In Hawaii 

    OrmatMarch 4, 2015 | Ormat Technologies, the provider of renewable and alternative energy technologies, has been selected to supply 25 megawatts of electricity from a geothermal power plant in Hawaii. Ormat already has a 38-megawatt plant on the big island of Hawaii at Puna. Ormat Technologies was founded in 1965 by Lucien Bronicki and Yehudit Bronicki.

     
  • mayay 3:12 pm on March 4, 2015 Permalink
    Tags: , babylon investments, babylon israel, gamein30 israel, ,   

    Babylon Invests $1M In GameIN30 

    BabylonMarch 4, 2015 | Babylon, the former provider of translation services, announced that it will invest in Israeli and international startups that are active in the areas of digital media, especially as they pertain to mobile. Babylon has already announced that it invested $1 million in an Israeli startup called ‘GameIN30′ in exchange for 42 percent equity in the company. Babylon was established in 2007 and is currently headed by Noam Lanir.

     
  • mayay 2:40 pm on March 4, 2015 Permalink
    Tags: , insuline ceo mike netz, insuline diabetes, insuline israel, insuline medical, ,   

    CEO Mike Netz Resigns From InsuLine Medical 

    InsulineMarch 4, 2015 | InsuLine Medical CEO Mike Netz resigned from his position after the company’s share price dropped seventy percent. The big dip the company’s share price occurred after the company announced that it was unable to secure the proper insurance clearance for its product for the treatment of diabetes in Germany. The company reports that Netz will be temporarily replaced by Eyal Levy, a member of the company’s board. Insuline Medical was founded in 2007 and is headquartered in Petah Tikvah.

     
  • mayay 2:15 pm on March 4, 2015 Permalink
    Tags: intel 3d sensor solutions, intel israel chip maker, , israel tower semiconductor, ,   

    Tower Semiconductor To Produce IR Sensor For Intel 

    TowerJazzlogoMarch 4, 2015 | Tower Semiconductor announced that it has begun the mass production of an IR sensor to be used by the chip-making giant Intel in their 3D sensor solutions. Intel has chosen Tower Semiconductor’s CMOS image sensor platform that has a number of advanced features that are appealing to a company like Intel. “Partnering with TowerJazz was a part of our success in producing our advanced image sensor for 3D imaging and was a natural choice as they were able to offer the required technical specifications and performance for this breakthrough technology,” says Intel’s Director of Depth Camera Engineering Sagi Ben Moshe. Tower Semiconductor was founded in 2003 and is headquartered in Migdal HaEmek, Israel.

     
  • mayay 1:50 pm on March 4, 2015 Permalink
    Tags: camden market renovation, , market tech london, sagi market tech holdings, , teddy sagi camden market,   

    Teddy Sagi Acquires Additional Section Of Camden Markets 

    camdenmarketlogoMarch 4, 2015 | The Israeli billionaire Teddy Sagi has part another section of the famed Camden Markets through his company Market Tech Holdings. The company has acquired Camden Wharf and the Interchange Building for £95 million ($145.7 million). In March of last year Sagi purchased Camden Market Holdings, including the Stables Markets and the Camden Lock Village for £400 million ($613.5 million) and in October of this year, he paid an additional £70-90 million for Camden Lock and Buck Street. In addition to his acquisition of the majority of the market, Sagi plans to inject over £300 million in renovating and developing the market by 2018. Market Tech Holdings is owned by Teddy Sagi and this last December raised $1.2 million on London’s AIM at a company value of $1 billion.

     
  • mayay 1:32 pm on March 4, 2015 Permalink
    Tags: , , , waze android app, waze apple app, waze crowdsourced navigation, waze google   

    Waze Added To Google’s Mobile Services Package 

    WazeMarch 4, 2015 | The Israeli-invented crowdsourced navigation application Waze will now be included as an integral part of Google’s Mobile Services, the pre-installation software package that Google offers to Android users. The new designation will join Google Maps, Google Chat (now known has ‘Hangouts’) and Google Drive as part of the pre-installed apps on Google-powered devices. The designation is good news for Waze that generates real-time traffic reports from user data, and more users will be that the database of traffic information will be even more beneficial for users. Waze was founded in 2007 by Uri Levine, Amir Shinar and Ehud Shabtai and was acquired by Google in 2013.

     
  • mayay 1:17 pm on March 4, 2015 Permalink
    Tags: israel eu cooperation, israel italy cooperation, israel italy research, , ,   

    Israel-Italy Found Joint Research Laboratories 

    italyisraelMarch 4, 2015 | Israel and Italy are founding and funding joint laboratories to research and improve knowledge on a variety of issues. The countries have jointly founded a brain and neurology laboratory in Tel Aviv, a solar laboratory in Sde Boker, a health sciences laboratory at Ben Gurion University and a physics and magnetism laboratory at the Weizmann Institute. The two countries also established a space laboratory. Both Israel and Italy will allocate €3 million ($3.33 million) to the project, with the Israel Council for Higher Education Planning and Budgeting Committee donating an addition €3 million.

     
  • mayay 1:03 pm on March 4, 2015 Permalink
    Tags: akron ohio israel cooperation, , , israel ohio water cooperation, , , memtech   

    Israel And Akron, Ohio Sign Water Tech Agreement 

    akronsealMarch 4, 2015 | The mayor of Akron Ohio Don Plusquellic announced that the American city had reached a tentative agreement with five Israeli water tech companies with the goal of making the city an exclusive partner for Israeli water research in America. The plan, which is reportedly worth $5 million, has not been entirely formalized but would provide up to $500,000 in investments in five water companies or equivalent in-kind help. The companies would make an investment of $3.5 million in local water research in exchange for the municipal investment. The water technologies that are included in the agreement at Mekorot, Technion water initiatives and MemTech, among others.

     
  • mayay 3:38 pm on March 3, 2015 Permalink
    Tags: ben gurion university partnerships, bgu international, bgu sustainability, israel education, , monash university,   

    Ben Gurion, Monash U Announce Partnership 

    bengurionMarch 3, 2015 | Ben Gurion University of the Negev and Monash University in Australia will partner to increase their impact in the areas of sustainability, social inclusion and entrepreneurship. The two universities have established The Monash Ben-Gurion Seed Fund, which was established to support joint research and education programs within these areas.

     
  • mayay 3:32 pm on March 3, 2015 Permalink
    Tags: g&w teva deal, , , , teva pennsylvania, teva plant us,   

    Teva Sells Pennsylvania Plant To G&W 

    tevaMarch 3, 2015 | Teva Pharmaceutical Industries announced that it signed an agreement to sell its Sellersville, Pennsylvania facilities to G&W Laboratories. The sale is part of Teva’s plan to streamline operations by cutting down on manufacturing costs. The sale will include all of the company’s buildings, land and equipment on site, and according to the terms of the agreement G&W will continue to manufacture and supply supplies to Teva, according to its needs. According to the deal, Teva will also sell about 25 portfolio products to G&W, which will be manufactured and sold in the US under the G&W label. Teva Pharmaceutical Industries was founded in 1901 and is headed by CEO and President Erez Vigodman.

     
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