Founders Founded in 2015, Armis will be purchased by Incite Capital for a sum close to $1 billion. Armis specializes in developing security for IoT (Internet of Things). The company has raised $155 million to date, including $65 million in a recent round....
1-800 Contacts has entered into a contract to purchase Tel Aviv-based 6over6 vision. While the exact price was not disclosed, the speculated sum of the purchase is over $100 million.  6over6 has created software that allows a complete eye exam to administered...
Intel HQ Today, Intel continued its streak of buying Israeli companies, announcing it has purchased Habana Labs for $2 billion. Founded in 2016, Habana Labs has developed specialized chips that utilize AI to make chips that are faster and more efficient, and has...
After a massive write off in the last quarter, Bezeq returned to profitability in the third quarter of 2019. Bezeq recorded a profit of NIS 191 million in Q3, which is down 18% from the third quarter of 2018. Overall income was...
Rafael announced it has received an order from Germany to purchase 1,500 Spike missiles, at a value of 200 million Euro. Germany first ordered Spike missiles in 2012. Spike missiles are primarily anti-tank missiles. Rafael has exported 30,000 Spike missiles, to date.
Gett Taxi announced the closure of Juno, its New York rideshare business, effective immediately. Gett also announced a strategic partnership with Lyft to enable Gett's corporate clients to access rides in the United States beginning next year. Dave Waiser,...
Nice reported sales of $387 million for the third quarter of 2019, which represents an increase of 8% from the year earlier. Nice’s emphasis on Cloud products has clearly paid off, with Cloud sales increasing by 27%.The company's net $47 million an...
Tyto Care, creator of the health care industry's first all-in-one modular device and Telehealth platform for on-demand, remote medical exams, today announced the nationwide availability of TytoHome, following a successful initial rollout in the Midwest. The TytoHome Telehealth solution, now available in...
Teva Pharmaceutical Industries Ltd reported third-quarter results that were better than expected by analysts. It also appointed Eli Kalif as Executive Vice President and Chief Financial Officer. Revenues in the third quarter of 2019 were $4,264 million,...
The Israeli political system remains paralyzed. On Saturday night, tens of thousands rallied in Tel Aviv's Rabin Square to mark the 24th year since his assassination, and to hear MK Binyamin "Benny" Gantz (who currently holds the mandate to form the government)...