News from Israel

Salesforce buys Israeli-founded ClickSoftware for $1.35 billion

US cloud computing company Salesforce said Wednesday it had acquired the Israeli-founded company ClickSoftware in a deal valued at $1.35 billion. Salesforce said the deal would help it become a leader in the field service software industry. “The addition of ClickSoftware will enhance Salesforce Service Cloud’s leadership as the #1 service platform, empowering every service […]

US-Israel fund to invest $8.2 million in 9 new joint R&D projects

Featuring FIBA company WizeCare.The Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation has approved $8.2 million in funding for nine new joint US-Israeli projects.The grants will help these firms to get access to additional private sector funding, thus boosting the total value of funding available for all of the projects to approximately $20 million, the […]

Commercial Property Joins Tech Revolution as Spending Soars

Featuring FIBA company SiteAware.  or years, real-estate technology startups watched from the fringes as big banks and venture-capital firms lavished attention on financial-technology firms.Now “proptech” has joined the party. Startups are raising more cash than ever while landlords are adopting a range of new software and hardware that is changing the way they do business.New capital […]

World’s Largest Beer Brewer To Launch Cybersecurity Unit In Israel

(FIBA company) Anheuser-Busch InBev (AB InBev), the world’s largest beer brewer, has announced plans to open a cybersecurity unit in Tel Aviv after an upsurge in hacking attacks.Headquartered in Leuven, Belgium, AB InBev produces 25 percent of the beer globally, making over 400 brands including Budweiser, Corona, Becks, and Stella Artois. The company has recently faced regular […]

Renault, Nissan open innovation lab in Tel Aviv

Renault and Nissan, part of one of the world’s leading automotive alliances, on Monday inaugurated an open innovation lab in Tel Aviv that will work together with Israeli startups to test their technologies in a bid to tap into the next big thing of automotive industry. The lab was set up in partnership with the […]

How Augmented Reality is Transforming the Oil Industry

Israeli company Fieldbit among many firms providing technology aimed at helping field technicians fix issues and prevent oil spillsAugmented reality (AR) technology is moving beyond the world of gaming and transforming the oil and gas industry by enabling on-site technicians to immediately access remote expert help.A number of firms have already adopted the emerging technology […]

Israeli woman named to Fast Company ‘most creative’ list

Shimrit Perkol-Finkel, cofounder and CEO of Israeli startup ECOncrete, has had an outstanding month of May.She was one of four women crowned by the European Union as outstanding female innovators at VivaTech in Paris; received the women’s “Forward Actor of the Year” award at the GreenTech Festival in Berlin; and was named one of Fast Company’s “Most Creative People of 2019.” ECOncrete […]

AT&T and Microsoft Test Network Edge Compute to Enhance 5G for Business

Featuring FIBA company Vorpal. … Proof of Concept – Keeping an Eye on DronesTo advance the potential for NEC services, AT&T is creating a NEC environment at the AT&T Foundry in Plano, Texas, where we co-create new, cutting-edge solutions with enterprise and public safety customers. Our team in Plano worked with the AT&T Foundry in Israel to identify a startup that […]

Vorpal and Its Anti-Drone Technology are Clearing the Airways

Featuring FIBA company Vorpal. According to the Federal Aviation Administration, there were over 1 million unmanned aerial vehicles (UAVs) registered as of 2018. Better known as drones, UAVs have strict areas where they may travel. But increasingly, whether intentionally or through ignorance, drones are finding their way into restricted areas. Because of this, many are seeking anti-drone […]