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About Uspic

NEWS
ESTIMATES SHOW ISRAELI GDP ROSE 4.8% IN 2011

According to preliminary estimates, Israel's gross domestic product grew by 4.8% in 2011, following a similar rise in 2010, and a 0.8% rise in 2009, when Israel crawled back out of the recession.

GDP per capita is expected to have risen 2.9% to $31,100.


01/2012
MOODYS REITERATES “A1 – STABLE” RATING FOR ISRAEL

The rating is "underpinned by the country's high levels of economic, institutional and financial strength and moderate event risk." – Moody's


01/2012
APPLE TO LAUNCH ISRAEL R&D CENTER

Apple Inc. has decided to open its first ever development center outside of its California headquarters in Israel.  The new center in Israel will focus on semiconductors.


01/2012
FLASH COMPANY ANOBIT TO BE APPLE'S FIRST ISRAELI ACQUISITION

Leading computing company Apple is acquiring Anobit, a developer of flash controllers and smartphone memory enhancement technology.


01/2012
AKAMAI BUYS ISRAELI COTENDO FOR $268 MLN

Akamai Technologies Inc., a Cambridge company that manages Web traffic for some of the Internet’s biggest sites, is acquiring website and mobile acceleration technology vendor Cotendo. Though a small competitor, Cotendo had been making big strides speeding up Web access on mobile phones, a fast growing segment of Akamai’s business.


01/2012
CORNELL, TECHNION WIN NYCTECH CAMPUS PROJECT

Cornell University and the Technion - Israel Institute of Technology have been chosen to build a cutting-edge NYC Tech Campus that will serve as a global magnet for tech talent and entrepreneurship. The NYCTech Campus will combine cutting-edge technologies to create one of the most environmentally friendly and energy efficient campuses in the world.


01/2012
US DELEGATIONS TO ISRAEL SEEK STRONGER BILATERAL TIES

Two high-level American delegations reached out to Israeli business leaders in December as they explored cooperation in renewable energy, aerospace, medicine and other technologies.


01/2012
ISRAEL CORP. ACQUIRES CHILEAN POWER COMPANY

Israel Corporation has acquired Chilean power company Central Tierra Amarilla SA, which owns a 155-megawatt power station that uses open cycle diesel generators.


01/2012
TOURISM TO ISRAEL IN NOVEMBER AT RECORD HIGH

Tourism to Israel in November rose 2% from the corresponding month in 2010 to 316,000 arrivals, and was the highest number of tourists for any November.


01/2012
The Israeli formula
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
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
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
TEVA LAUNCHES CHEMOTHERAPY DRUG FOLLOWING FDA APPROVAL

09/2009
ORAMED PHARMACEUTICALS GETS FROST & SULLIVAN INNOVATION AWARD

09/2009
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
ISRAELI COMPANIES EXPAND INVOLVEMENT IN LATIN AMERICA

09/2009
ISRAEL SIGNS R&D COOPERATION AGREEMENT WITH NEW YORK STATE

09/2009
TEL AVIV UNIVERSITY RESEARCHER CREATES NATURAL CURE FOR INSOMNIA

09/2009
ISRAELI FILM “LEBANON” WINS TOP PRIZE IN VENICE

09/2009
TEL AVIV STOCK EXCHANGE CONTINUES TO RISE IN 2009

08/2009
IDF-MADE ROBOT SNAKE GATHERS INFORMATION IN ROUGH TERRAIN

08/2009
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
YISSUM AND ZAMBON TO COMMERCIALIZE NANO PAIN TREATMENT

06/2009
ECI HELPS SWITCH DEUTSCHE TELEKOM TO IP

06/2009
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
NDS EXPANDS IN GERMANY

06/2009
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
MORGAN STANLEY SUGGESTS INVESTMENT IN ISRAEL

06/2009
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
ISRAEL RANKED 9TH MOST INNOVATIVE COUNTRY BY EIU REPORT

06/2009
ISRAEL EXEMPTS FOREIGN INVESTORS FROM PRIVATE EQUITY TAXES

06/2009
ISRAELI ECONOMY RESILIENT IN THE FACE OF GAZA CONFLICT

01/2009
"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
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
HARMONIC BUYS SCOPUS FOR $51 MILLION.

01/2009
U.S.-ISRAELI BIRD FOUNDATION TO INVEST $9 MILLION IN 12 PROJECTS

01/2009
MA INDUSTRIES TO BUY COMPANIES IN POLAND AND SERBIA FOR $20 MILLION

01/2009
ENDOCARE TO BUY ELRON'S GALIL MEDICAL

12/2008
ISRAEL’S FOOD PRODUCER OSEM TO BUY FOODTECH FOR $20 MILLION

12/2008
STANLEY FISHER SAYS ISRAEL IS IN GOOD SHAPE ECONOMICALLY
"Foreign companies are not exiting the country despite the financial crisis".
11/2008
ISRAELI UNIVERSITIES RANKED AMONG WORLD'S BEST

11/2008
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
EBAY OPENING ISRAELI DEVELOPMENT CENTER BASED ON ACQUISITION OF ISRAELI SHOPPING.COM

11/2007
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
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
DEUTSCHE TELEKOM'S CHAIRMAN: "WE'RE LOOKING TO EXPAND OUR COLLABORATIONS WITH ISRAELI COMPANIES"

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
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
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
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
GOLDMAN SACHS INVESTING $100 MILLION IN ISRAELI MOBILEYE
Mobileye was named by U.S. Red Herring magazine a Top 100 Innovator
11/2007
ISRAELI WATER PURIFICATION COMPANY, BLUE-I, TO INSTALL ITS TECHNOLOGY IN COCA COLA'S FACILITIES AROUND THE WORLD

10/2007
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
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
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
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
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
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
EVENTS
AGRO-TECHNOLOGY

As a result of Israel’s continuous need to overcome a scarcity of natural resources, particularly water, and benefiting from close cooperation between scientists, consultants, farmers, and agriculture-related industries, Israel has emerged as a significant global innovator of cutting edge agricultural advancements and a worldwide model for the efficient use of water, land and human capital.

 

Israeli Agro-technology has been at the forefront of the world food revolution and has achieved a significant position in this respect worldwide. 

 

 

Highlights

 

·         Approximately $90 million has been invested annually in research and development, $50 million of which is distributed by the Agricultural Research Organization and the Chief Scientists of the Ministry of Industry, Trade and Labor and the Ministry of Agriculture, making Israel a world leader in the allocation of funds for R&D in the Agro-technology industry.

 

·         International cooperation is a major factor in the growth of Israeli Agro-technology.  Israel participates in training, joint research projects, transfer of knowledge, and exchange of experts with countries around the world including Japan, Jordan, Australia, India and the USA, and has provided extensive assistance to developing countries throughout the world.

 

·         The irrigation industry pioneered innovative technologies and accessories such as drip irrigation, automatic valves and controllers, automatic filtration, low discharge sprayers, use of low saline content water, mini- sprinklers, compensated drippers and sprinklers.

 

·         Innovations in improvement of produce, such as cherry tomatoes, and vegetables of better quality and with longer shelf life have been developed by Israeli Agronomists.

 

·         Dairy product and technology exports include advanced and computerized milking and feeding systems, cooling systems which reduce heat stress on cows, embryos for transplant, milk processing equipment, consultancy services, as well as joint international project development.

 

·         Advancements in Animal Husbandry in Israel include the development of high milk-producing Assaf sheep, a result of the crossbreeding of the improved Israeli Awassi and the German East Friesian breeds and prize-winning Holstein cows with superior milk production capabilities.

 

·         The growing awareness of the importance of ecologically-oriented agriculture has led to the development of “green” fruit, grown with minimal use of chemicals to avoid interfering with the ecosystem or harming the environment. Production is in line with the quality assurance requirements of the European Union, in compliance with EurepGap 2000 principles, ISO standards and crop management protocols.

 

·         Israel has become known for its advanced pomegranate production, with locally developed varieties reaching an average yield of 25-35 tons per hectare and resulting in improved quality and taste.

 

 

·         Greenhouse systems, including specialized plastic films and heating, ventilation and structure systems, enable Israeli farmers to grow more than three million roses per hectare per season and an average of 300 tons of tomatoes per hectare per season, four times the yields of open fields.

 

·         Technological innovations in the Israeli cotton industry, resulting in shorter growing seasons and larger yields, have been emulated worldwide.

 

·         Flower production in Israel is yet another part of the agricultural sector that uses greenhouses to optimize its productivity i.e. three times as efficient as the traditional production methods.  Nearly 80% of the flower production in Israel is exported, mainly to Europe. The flower export accounted for $50 million in 2007.

 

·         Israel develops, manufactures and exports a variety of specialized agricultural equipment, including:

 

§         Mobile celery packing houses

§         Machinery for digging silage and uniformly mixing feed

§         Poultry equipment such as drinkers, automatic egg collectors, climate control systems and scales for weighing

§         Pomegranate aril (the red part) removal machine and related products which utilize all parts of the pomegranate fruit (e.g. anti-oxidants, tannins from the peel etc.) 

§         An air- blast sprayer for use in citrus growing areas and vineyards which provides efficient tree cover, flower bulb transplanters and machinery for packing houses.

 

 

Other Israeli Innovations in agro-technology Include:

 

§         The growth of new high-yielding, high-quality pathogen-resistant vegetables

§         Advanced methods of climate control in protected growing systems

§         Application methods for growing crops in regions with unsuitable soil

§         Application of Integrated Pest Management (IPM) methods to a range of vegetable crops

§         Application of post-harvest methods, means and treatment for lengthening shelf life and preventing crop rotting

 

 

 

 


Last modified: 11/16/2008 pic