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  • mayay 12:47 pm on July 29, 2014 Permalink
    Tags: auto, , cadillac, CTS, escalade, , , , ,   

    Powermat Will Equip 2015 Cadillac Vehicles With Wireless Phone Charging Pad 

    July 29, 2014 | Israeli company Powermatpowermat is set to install wireless phone charging pads to 2015 Cadillac vehicles including the CTS and Escalade. The Powermat charging pad will most likely be located behind the Cadillac’s motorized CUE information and entertainment screen. In order to reveal the Powermat charging pad, all the driver needs to do is hit a button to make the screen rise up to reveal a storage bin with the charging pad. Then, the phone is placed on the pad to begin charging. The Powermat has already been installed in the Chevrolet Volt, following a $5 million investment by General Motors in the Israeli company. Powermat was founded by Ran Poliakin in 2006 and its phone-charging technology is already used in Starbucks locations and a number of other vendors and companies.

  • mayay 12:25 pm on July 29, 2014 Permalink
    Tags: flipagram, mobile messaging platform, photo slideshows, songs, , tango music pix, ,   

    Tango Releases Music Pix For Photo Slideshows With Songs 

    Tango Receives $280M Investment From AlibabaJuly 29, 2014 | Tango mobile messaging platform released a new application called Tango Music Pix, which allows users to share photos along with a song. Each user can send 30-second long slideshows to their friends featuring images and a song, which Tango automatically edits. A number of similar slideshow-creating platforms are steadily gaining popularity, including Sharalike and Flipagram which are platforms for sharing music and photo slideshows on Instagram. Founded in 2009, Tango is a mobile messaging service with more than 200 million registered users worldwide.

  • mayay 1:10 pm on July 28, 2014 Permalink
    Tags: , , lasers, newport corporation, Spectra-Physics Lasers, , , us company, v-gen   

    V-Gen Laser Manufacturer Acquired By Newport Corporation 

    Logo_V-GeNJuly 28, 2014 | The Israeli company V-Gen, a developer and manufacturer of fiber lasers was acquired by US company Newport Corporation for an undisclosed amount. V-Gen is expected to have sales in the range of $15-20 million within the first twelve months after the transaction closes. The terms of the deal are set to close in the third financial quarter. According to Newport Corp. Senior VP and General Manager of Spectra-Physics Lasers Group David Allen, “”V-Gen has a strong track record of growth and profitability and we expect the acquisition to be accretive to our earnings immediately following the closing. We welcome the V-Gen team to Newport and look forward to their positive contributions to our Spectra-Physics Lasers Group.” V-Gen was founded in 1998 and is the leading supplier of pulsed fiber lasers with over 50 employees worldwide.

  • mayay 12:58 pm on July 28, 2014 Permalink
    Tags: , , mapi pharma, , , , , prospectus   

    Mapi Pharma Publishes Revised $20M Prospectus For IPO 

    logo-mapiJuly 28, 2014 | Mapi Pharma, which was scheduled to complete a $37 million financing round by the end of last week, has published a revised prospectus for $20 million. As a result the company value for the IPO was lowered to $120 million after money. Aegis Capital is leading the IPO along with Chardan Capital as the second underwriter. Mapi Pharma is headed by CEO Ehud Marom and manufactures complicated-to-procedure raw materials for generic drugs and has a technological platform for delayed drug release.

  • mayay 1:30 pm on July 27, 2014 Permalink
    Tags: $10 million, , boston, , cloud management, , , it cloud operations management, , shimon hason   

    Intigua Cloud IT Operations Management Service Raises $10M 

    Intigua Raises $8.6M In Series A Financing RoundJuly 27, 2014 | Intigua, a company specializing in providing companies with ways to manage their IT operations in public and private clouds, raised $10 million in Series B funding. The round of funding was led by Intel Capital with existing investors Bessemer Venture Partners and Cedar Fund. The company has now raised a total of $21 million to date. Intigua will use the funds to continue working on its product and to expand its sales and marketing operations. Intigua is an Israeli company headed by CEO Shimon Hason that is based in Boston, Massachusetts.

  • mayay 1:22 pm on July 27, 2014 Permalink
    Tags: , customized homepage, geneio, mactintosh, , somoto inc., ,   

    Somoto Acquires Genieo For $34.1M 

    genieoJuly 27, 2014 | Creators of the newspaper-styled homepage for Mac users, Genieo raised $34.1 from Israeli company Somoto Inc., an Israeli company that monetizes software downloads and installations. Somoto will pay Genieo the stated price in stocks and cash. Genieo is a private company founded by Sol Tzvi and Jacob Tenenboem specializing in providing Macintosh users with a recommendation engine that automatically updates its content according to personal interests.

  • mayay 1:12 pm on July 27, 2014 Permalink
    Tags: ab103, , flesh-eating bacteria, infections treatments, lundbeckfond ventures, Necrotizing Soft Tissue Infections,   

    Atox Bio Infections Treatments Raises $23M 

    Atox Bio Raising Millions Following Successful Clinical TrialJuly 27, 2014 | Atox Bio, an Israeli company developing therapeutics for serious infections, announced that it raised $23 million in an investment round led by SR One with participation by Lundbeckfond Ventures and OrbiMed Israel. The funds will be used by Atox Bio to begin late stage clinical trials of AB1o3, a therapy treatment for Necrotizing Soft Tissue Infections or “flesh-eating bacteria,” as well as other serious infections. The AB103 immunomodulator was discovered by Prof. Raymond Kaempfer and Dr. Gila Arad.

  • mayay 1:00 pm on July 27, 2014 Permalink
    Tags: $5million, , , brazilian ministry of health, , , , therapeutics   

    BrainStorm Cell Therapeutics To Receive $5M From Brazilian Health Ministry 

    BrainStorm Receives $800,000 Grant From Chief ScientistJuly 27, 2014 | The Israeli company BrainStorm Cell Therapeutics is expected to receive a $5 million grant from the Brazilian Ministry of Health. The funds will go towards conducting trials on its product in conjunction with the University of Sao Paolo, according to “Globes.” The company has yet to respond to the reports, which are not yet official. BrainStorm Cell Therapeutics specializes in developing stem cell therapies for the treatment of neurodegenerative diseases such as ALS (Lou Gehrig’s disease), multiple sclerosis, and Parkinson’s disease.

  • mayay 12:37 pm on July 27, 2014 Permalink
    Tags: $55 million, gen 8.5 fab, , lcd panels, nanjing china, , , , , vendor   

    Orbotech Makes $55M Chinese Sale 

    Orbotech Receives $10M In Solar-Panel Component OrdersJuly 27, 2014 | The Israeli flat panel display solutions company Orbotech announced that the TFT LCD panel maker Nanjing CEC Panda LCD Technology chose the company as a vendor for its newest product. Orbotech will be in charge of the inspection, testing and for selling repair equipment for Nanjing’s Gen 8.5 flat panel display in Nanjing, China. Nanjing China placed orders totaling $55 million with Orbotech in the first and second financial quarters of 2014. “Nanjing CEC Panda has selected Orbotech as its vendor-of-choice and has opted for three of Orbotech’s most innovative products in AOI, test and repair”, said Orbotech FPD Division President Gil Oron. Founded in 1981 by Dr. Shlomo Barak, Orbotech is an international developer and producer of automated optical inspection and related imaging and computer-aided manufacturing systems.

  • mayay 12:24 pm on July 27, 2014 Permalink
    Tags: , bloomberg news, investment firm, shares, sodastream,   

    Report: SodaStream In Talks Of Acquisition With Investment Firm 

    sodastreamJuly 27, 2014 | According to a report by “Bloomberg News,” the Israeli company SodaStream is in talks with an unnamed investment firm for sale. As a result of the report, the share price of SodaStream stocks shot up sharply on Wall Street. The “Bloomberg” report also noted that the talks are on an acquisition price of $40 a share. SodaStream is the creator of the home soda machine and is based in Lod, Israel.

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