| ISRAEL RAISES GROWTH FORECAST TO 3.5% FOR 2010 |
Israel's central bank has raised its economic forecast for 2010, citing an improved outlook for global growth and world trade.
02/2010 |
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| BDI COFACE RAISES ISRAEL RISK RATING |
International risk rating agency BDI Coface raised Israel's country risk rating by one grade to A3 from A4. Israel now has the same risk rating as the U.K., Italy and China.
02/2010 |
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| WEIZMANN INSTITUTE RANKED #2 WORLDWIDE |
Israel’s Weizmann Institute of Science was ranked as the second best international academic institution in which to work outside the United States by "The Scientist" magazine. Weizmann was ranked the top scientific institution outside the US twice over the past 5 years and in 2008 was followed by the Hebrew University of Jerusalem.
02/2010 |
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| SPAIN'S TELEFONICA BUYS ISRAELI VOIP COMPANY JAJAH |
Telefonica Europe acquired Israeli VoIP services start-up Jajah Technologies Ltd. for €145 million ($207 million) in cash.
02/2010 |
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| IT MANAGEMENT GIANT CA BUYS REMOTE SERVER SOFTWARE COMPANY OBLICORE |
CA, the world's leading independent IT management Software Company, is acquiring start-up Oblicore Inc. for about $25 million.
02/2010 |
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| 4 ISRAELI START-UPS WIN RED HERRING 100 GLOBAL AWARDS |
Four Israeli start-ups won the 2009 Red Herring Global 100 Awards. The winners are video conferencing solutions developer Qoof Ltd, Panaya Inc, which creates software that reduces the cost and risk of making changes to ERP systems, Internet video and P2P caching solutions developer Oversi Ltd and thin server developer MiniFrame Ltd.
02/2010 |
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| AGASSI'S BETTER PLACE ELECTRIC CAR PROJECT GETS $350 MLN BOOST |
Electric car infrastructure venture Better Place raised $350 million in a second fund-raising round held recently.
02/2010 |
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| NASA ADDS ISRAELI TECHNICAL EXPERTISE TO LUNAR SCIENCE RESEARCH |
NASA and the Israel Space Agency have signed a joint statement that recognizes the Israel Network for Lunar Science and Exploration (INLSE) as an affiliate partner with the NASA Lunar Science Institute.
02/2010 |
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| WALTZ WITH BASHIR MAKES TOP-100 IN 3 UK PAPERS |
"Waltz with Bashir," which won the Golden Globe for best foreign film in 2009, was listed as one of this decade's 100 best movies by three prominent British newspapers.
02/2010 |
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| GERMAN GIANT SIEMENS BUYS SOLEL FOR $418 MLN |
German industrial conglomerate Siemens is buying Israel's Solel Solar Systems Ltd. for about $418 million so as to expand its business with solar thermal power plants.
12/2009 |
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| ISRAELI SCIENTIST WINS THE NOBEL PRIZE IN CHEMISTRY |
Israeli scientist Ada Yonath was awarded this year's Nobel Prize in chemistry for her groundbreaking work in understanding how cells build proteins. She is only the fourth woman to win the Nobel chemistry prize, and the first since 1964. Yonath is the 9th Israeli to receive a Nobel prize.
12/2009 |
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| IMF SEES ISRAELI GROWTH LEADING THE WORLD IN |
The IMF in its World Economic Outlook Update said it expected Israel’s gross domestic product to contract by only 0.1% in 2009, and grow by 2.4% in 2010.
12/2009 |
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| CHIP DEVELOPER SIGMA DESIGNS BUYS COPPERGATE FOR $160 MLN |
IPTV chip developer Sigma Designs Inc., of Milpitas, California, is buying Israeli software maker CopperGate Communications Ltd. for $160 million in cash and stock. The purchase signals the intent of the semiconductor maker to strengthen its presence in the networked home-entertainment market.
12/2009 |
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| MENTOR GRAPHICS ACQUIRES ISRAEL'S VALOR |
Mentor Graphics Corporation signed a definitive merger agreement acquiring Israel's Valor Computerized Systems Ltd. for $82 million.
12/2009 |
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| ISRAEL SIGNS R&D COOPERATION AGREEMENT WITH NEW YORK STATE |
Minister of Industry, Trade and Labor Binyamin Ben-Eliezer and New York Governor David Paterson signed a memorandum governing an industrial R&D cooperation agreement between Israel and New York State.
12/2009 |
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| UN ACKNOWLEDGES ISRAEL AS INTERNATIONAL PATENT CENTER |
Patent applications recognized in Israel will be accepted internationally as well
The World Intellectual Property Organization (WIPO), a specialized agency of the United Nations, has recently recognized Israel as an international center for the search and testing of patents. Israel will be added to the list of 15 leading countries in this field.
12/2009 |
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| CHIESI GROUP SUPPORTS COMMERCIALIZATION OF HTL PRODUCT FOR PRETERM NEWBORNS |
European pharmaceutical company Chiesi Group is supporting Israeli lipid molecule developer High Tech Lipids (HTL) to help commercialize an innovative lipid emulsion HTL developed for preterm newborns.
12/2009 |
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| CANCER TREATMENT FIRM NOVOCURE SECURES INVESTMENTS FROM PFIZER AND JOHNSON & JOHNSON |
| NovoCure, Ltd., an Israeli medical device company focused on non-invasive cancer treatment, recently received financial funding from Pfizer Inc, Johnson & Johnson Development Corporation and Index Ventures.
12/2009 |
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| DEUTSCHE TELECOM CEO SAYS INTENDS TO INCREASE R&D INVESTMENT IN ISRAEL |
Deutsche Telekom Chief Executive René Obermann said his company planned to expand its R&D center in Israel and increase its investment in Israeli companies. Deutsche’s Israeli R&D center is its second largest R&D center in the world.
12/2009 |
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| THREE ISRAELI ARTISTS LISTED AMONG WORLD’S TOP 100 |
Three Israeli artists working internationally were included in Flash Art magazine's list of the "Top 100 Emerging Artists" in the world.
12/2009 |
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| STRONG GROWTH FORECASTS SHOW ISRAEL COMING OUT OF RECESSION |
"Thanks to sound macroeconomic and structural fundamentals, the Israeli economy has shown good resilience throughout the global crisis…The economy grew at a rate of 1% in the second quarter, and thus technically emerged from recession." - UBS economist Reinhard Cluse
09/2009 |
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| TEVA LAUNCHES CHEMOTHERAPY DRUG FOLLOWING FDA APPROVAL |
09/2009 |
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| ORAMED PHARMACEUTICALS GETS FROST & SULLIVAN INNOVATION AWARD |
09/2009 |
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| SIEMENS BUYS 40% STAKE IN ISRAELI SOLAR POWER COMPANY |
"Thanks to its intensive sunshine and steadily growing demand for energy, Israel is an ideal location for further developing our solar business." - Peter Löscher, president and CEO of Siemens.
09/2009 |
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| ISRAELI COMPANIES EXPAND INVOLVEMENT IN LATIN AMERICA |
09/2009 |
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| ISRAEL SIGNS R&D COOPERATION AGREEMENT WITH NEW YORK STATE |
09/2009 |
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| TEL AVIV UNIVERSITY RESEARCHER CREATES NATURAL CURE FOR INSOMNIA |
09/2009 |
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| ISRAELI FILM “LEBANON” WINS TOP PRIZE IN VENICE |
09/2009 |
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| TEL AVIV STOCK EXCHANGE CONTINUES TO RISE IN 2009 |
08/2009 |
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| IDF-MADE ROBOT SNAKE GATHERS INFORMATION IN ROUGH TERRAIN |
08/2009 |
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| PHARMA GIANT ROCHE TO STRENGTHEN R&D PIPELINE IN ISRAEL THROUGH PONTIFAX DEAL |
The collaboration will see both partners provide financial support and relevant expertise to young biotech and pharma companies in Israel.
06/2009 |
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| YISSUM AND ZAMBON TO COMMERCIALIZE NANO PAIN TREATMENT |
06/2009 |
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| ECI HELPS SWITCH DEUTSCHE TELEKOM TO IP |
06/2009 |
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| JOINT PROJECT OF IBM, TECHNION, RAMBAM MEDICAL CENTER WINS PRESTIGIOUS INTERNATIONAL PRIZE |
SRII awarded the prize for “the most successful collaboration of industry, academia and government as expressed in this project.”
06/2009 |
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| NDS EXPANDS IN GERMANY |
06/2009 |
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| BP SOLAR UTILIZES SOLAR EDGE TO CUT POWER OUTPUT |
"I am impressed with the initial performance and reliability tests of SolarEdge's solution", said Eric Daniels, chief technology officer at BP Solar.
06/2009 |
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| MORGAN STANLEY SUGGESTS INVESTMENT IN ISRAEL |
06/2009 |
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| ISRAEL RANKED 20 IN IMD STRESS TEST |
The "stress test" aims to examine how "countries can resist adversity and show resilience to weather the storm."
06/2009 |
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| ISRAEL RANKED 9TH MOST INNOVATIVE COUNTRY BY EIU REPORT |
06/2009 |
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| ISRAEL EXEMPTS FOREIGN INVESTORS FROM PRIVATE EQUITY TAXES |
06/2009 |
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| ISRAELI ECONOMY RESILIENT IN THE FACE OF GAZA CONFLICT |
01/2009 |
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| "MOST ADMIRED MEDICAL COMPANY" ST. JUDE ACQUIRES MEDIGUIDE FOR $283 MILLION. |
"We believe MediGuide's proprietary technology may also extend across a variety of other product categories … We look forward to bringing this technology into our portfolio so that we can further develop and capture these potential opportunities,” Daniel J. Starks, chairman, president and chief executive officer of St. Jude Medical, said.
01/2009 |
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| CHECK POINT BUYS NOKIA'S SECURITY APPLIANCE BUSINESS |
The acquisition "will add more than $100 million to Check Point's sales in 2009 …it will strengthen us in dealing with the global recession," Gil Shwed, chairman and chief executive of Check Point said.
01/2009 |
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| HARMONIC BUYS SCOPUS FOR $51 MILLION. |
01/2009 |
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| U.S.-ISRAELI BIRD FOUNDATION TO INVEST $9 MILLION IN 12 PROJECTS |
01/2009 |
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| MA INDUSTRIES TO BUY COMPANIES IN POLAND AND SERBIA FOR $20 MILLION |
01/2009 |
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| ENDOCARE TO BUY ELRON'S GALIL MEDICAL |
12/2008 |
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| ISRAEL’S FOOD PRODUCER OSEM TO BUY FOODTECH FOR $20 MILLION |
12/2008 |
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| STANLEY FISHER SAYS ISRAEL IS IN GOOD SHAPE ECONOMICALLY |
"Foreign companies are not exiting the country despite the financial crisis".
11/2008 |
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| ISRAELI UNIVERSITIES RANKED AMONG WORLD'S BEST |
11/2008 |
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| INTRODUCING "ISRAEL NEWTECH – NOVEL EFFICIENT WATER TECHNOLOGIES" |
Name and logo of Israel's National Program Promoting The Water Technologies Sector, as well as film showcasing the sector, to be officially launched on Oct. 30 at the int'l WATEC '07 event
11/2007 |
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| EBAY OPENING ISRAELI DEVELOPMENT CENTER BASED ON ACQUISITION OF ISRAELI SHOPPING.COM |
11/2007 |
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| SPANSION INCORPORATED ACQUIRING ISRAELI SAIFUN SEMICONDUCTORS FOR $368 MILLION |
Saifun to be responsible for Spansion's technology licensing business for the next generation product roadmap
11/2007 |
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| UK INTERNET BROKERAGE COMPANY, ICAP, ACQUIRING ISRAELI FINANCIAL SOFTWARE COMPANY, TRAIANA FOR $247 MILLION |
Company's online services system considered benchmark in foreign currency trading
11/2007 |
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| DEUTSCHE TELEKOM'S CHAIRMAN: "WE'RE LOOKING TO EXPAND OUR COLLABORATIONS WITH ISRAELI COMPANIES" |
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Chairman of Deutsche Telekom in Israel to visit the company's new R&D center in Beersheva set up jointly with Ben Gurion University.
11/2007 |
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| AT&T ACQUIRES ISRAELI INTERWISE FOR $121 MILLION |
At&T intends to maintain company as its Israeli R&D center within AT&T Global Business Service
11/2007 |
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| ISRAELI RESEARCHERS DEVELOP UPGRADED "GOOGLE TRENDS" |
Technology developed by Google's R&D center in Israel improves technology's ability to provide insights into broad search patterns
11/2007 |
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| JAPANESE VC COMPANY, CSK, INTENDS TO INVEST $100 MILLION IN ISRAEL |
CSK Managing Partner: "Our investment fund . . . hopes to increase the synergy between Japanese and Israeli companies through joint investments in Israeli technology."
11/2007 |
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| GOLDMAN SACHS INVESTING $100 MILLION IN ISRAELI MOBILEYE |
Mobileye was named by U.S. Red Herring magazine a Top 100 Innovator
11/2007 |
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| ISRAELI WATER PURIFICATION COMPANY, BLUE-I, TO INSTALL ITS TECHNOLOGY IN COCA COLA'S FACILITIES AROUND THE WORLD |
10/2007 |
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| US RESEARCH COMPANY, CLEAN EDGE, LISTS ISRAELI AQWISE AMONG "10 TO WATCH" FIRMS |
Israeli water purification company was chosen among leading companies, such as GE and Siemens
10/2007 |
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| INTEL CAPITAL INVESTING $11 MILLION IN ISRAELI SEMICONDUCTOR COMPANY |
Intel Capital, Intel Corporation's investment arm is investing $11 million in Israeli Jordan Valley Semiconductors Ltd.
10/2007 |
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| VC COMPANY, GREYLOCK INVESTING IN ISRAELI CLEANTECH |
American Greylock Partners announced that it intends on making 3-4 investments in early-stage Israeli cleantech start-ups
10/2007 |
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| IVC RESEARCH CENTER: IN THE FIRST 3 QUARTERS OF 2007, ISRAELI HIGH-TECH COMPANIES RAISED $1.256 BILLION |
Amount represents a 10% increase over the corresponding period in 2006
10/2007 |
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| THE INTERNATIONAL JOURNAL "GLOBAL FINANCE" NAMES STANLEY FISCHER AS ONE OF WORLD'S SEVEN LEADING BANKERS |
Stanley Fischer received the highest grade of "A"
10/2007 |
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| THE FINANCIAL TIMES STOCK EXCHANGE ADVANCES ISRAEL'S ECONOMIC STATUS TO "DEVELOPED" FROM "EMERGING MARKET" |
FTSE new classification lists Israel as the first Middle East country in a group of 24 developed nations
10/2007 |
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