News from Israel China heart valve firm snaps up Israeli medical device maker Keystone Heart

Caesarea-based startup develops and manufactures devices that reduce the risk of brain injuries after cardiovascular proceduresBy SHOSHANNA SOLOMON26 September 2018, 3:33 pm A Chinese developer of heart valves, Venus Medtech (Hangzhou) Inc., said Wednesday it has signed an accord to buy Caesarea, Israel-based medical device firm Keystone Heart Ltd. No financial details were disclosed.Keystone develops and makes medical devices to reduce the risk of brain injuries after cardiovascular procedures, such as transcatheter aortic valve replacement (TAVR), surgical valve replacement or arterial fibrillation ablation.Click here to read this Continue reading →

www-bloomberg-com: Medtronic Agrees to Buy Mazor Robotics in $1.6 Billion Deal

By Michelle CortezSeptember 20, 2018, 7:19 PM EDTUpdated on September 20, 2018, 9:44 PM EDTMedtronic Plc agreed to buy the shares it doesn’t already own in Mazor Robotics Ltd. in a deal valuing the company at $1.6 billion, as the medical equipment giant expands its leadership in the market for spinal surgery.Medtronic agreed to pay $58.50 per American depositary share, the companies said in a statement Thursday. That’s an 11 percent premium over the closing price in New York, but far below a peak of almost $75 reached in March. Excluding Medtronic’s Continue reading → Israel’s Flytrex Is Flying Drones Carrying Burgers and Beers to Hungry US Golfers

By Simona Shemer, NoCamelsSeptember 12, 2018An average round of golf takes about four hours for four golfers to play 18 holes. That’s a lot of time for golfers to be out there, braving the sun and heat, and praying the food cart will come around.The King’s Walk Golf Course outside Grand Forks, North Dakota came up with a solution that brings consumer convenience to the next level by literally having food and drink fall out of the sky wherever clients are on the course.Click here Continue reading → Echoing Isaiah, U.S. Cities Gaze Upon the Start-Up Nation with Joy – and Investments

By Eliana RudeeJuly 19, 2018 , 4:37 pm“It’s a national phenomena,” agreed Medved. “Tampa decided that it’s strategically important to compete with Boston,” referring to the recently established Florida Israel Business Accelerator (FIBA), an accelerator designed to establish and grow successful, high-growth Israeli and Florida tech ventures in the Tampa Bay Area.Click here to read this article in its entirety President to give Waze driving tips to Independence Day revelers

Reuven Rivlin’s voice guiding Israeli drivers will be available for one week, starting April 19 By SHOSHANNA SOLOMON 15 April 2018, 12:59 pm To honor Israel’s 70th Independence Day, President Reuven Rivlin will be dishing out recorded navigation instructions to Israeli users of the driving application Waze. The file of guidelines with his voice will be available to users starting from April 19, and for just one week. Rivlin recorded the instructions during a visit to the Israeli company’s Tel Aviv headquarters which has developed a Continue reading → Nike buys Israel computer vision startup Invertex

Invertex uses AI and 3D imaging to analyze users’ feet and suggest shoe models and sizes for best fit By SHOSHANNA SOLOMON Today, 12:17 pm Nike, Inc. has acquired Israeli startup Invertex Ltd., a developer of computer vision technologies, in a bid to strengthen its hold on digital technologies, the US maker of sports shoes said in a statement. The Israeli team “will focus on building groundbreaking innovations to help Nike serve millions of members around the globe,” the statement, released by Nike on April 9, said. Terms Continue reading → Israel’s Orbotech acquired for $3.4 billion

The electronics maker will keep its operations in the Israeli city of Yavneh after its purchase by California-based KLA-Tencor. By Abigail Klein Leichman MARCH 20, 2018, 9:09 AM The Israeli firm Orbotech — whose systems help produce virtually every electronic device in the world from computers to phones to connected cars — is being acquired by California’s KLA-Tencor Corporation in a transaction with an equity value of approximately $3.4 billion and an enterprise value of $3.2 billion. This is the fifth largest acquisition in Israeli Continue reading →

No Camels: For Women’s Day, A Look at 5 Female-Led Initiatives in Israel Tackling The Gender Gap

By Simona Shemer, NoCamels March 08, 2018 Israel has one of the highest gender wage gaps in the Western world, with full-time female workers earning on average 35 percent less than their male peers, according to 2017 figures made available by the Central Bureau of Statistics, down from 68 percent in 2016. And in the high-tech field, a main force in the Israeli economy and where the salaries are higher than average, the gap widens to 45 percent. The most substantial factor for this disparity, Continue reading →

No Camels: 7 Innovative Israeli Startups Bringing AI, Gaming to Education

By Simona Shemer, NoCamels March 01, 2018 0 Comments Israel has one of the most educated populations in the world, with 47 percent of 25-34-year-olds holding a tertiary degree, according to an “Education At a Glance” report last year by the Organization for Economic Cooperation and Development (OECD), an 35-member economic organization creating policies to improve economic and social well-being around the world. This month, the OECD also ranked Israel as the 3rd most educated country in adult education of 10 listed countries, above South Korea, Continue reading →

No Camels: Israeli Researchers Kill Cancerous Tumor With Synthetic Cells

Simona Shemer, NoCamels | Feb, 15 2018 Israeli scientists at the Technion-Israel Institute of Technology have successfully treated a cancerous tumor, eradicating its cancer cells using a “nano-factory” – a synthetic cell that produces anti-cancer proteins within the tissue, the Technion announced it a statement this week. Synthetic cells, the prestigious Haifa-based university says, “are artificial systems with capacities similar to, and, at times, superior to those of natural cells.” Click read the article in its entirety.