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CTech’s Wednesday Roundup of Israeli Tech News

CTech’s Wednesday Roundup of Israeli Tech News

The Mellanox-Starboard standoff comes to an end. It’s about to get easier for Israelis to get U.S. work visas. Sirin Labs co-founder buys Israeli real estate—using bitcoin

CTech  :  2018-06-20T17:20:28..
The Mellanox-Starboard standoff comes to an end. The chipmaker and the activist investor have been clashing since November when Starboard acquired a 10.5% stake in Mellanox. Now they have reached a compromise on appointments to Mellanox’s board. Read more

 

Starboard CEO Jeffrey Smith. Photo: Bloomberg Starboard CEO Jeffrey Smith. Photo: Bloomberg Starboard CEO Jeffrey Smith. Photo: Bloomberg

It’s about to get easier for Israelis to get U.S. work visas. Israel is set to join the U.S. government’s E-2 visa program for entrepreneurs who invest capital to create U.S. businesses. Read more

 

Sirin Labs co-founder buys Israeli real estate—using bitcoin. Sirin Labs raised $157.8 million in its December ICO after announcing a pivot to blockchain. The company is known for its $14,000 phone it touted as “the most secure phone in the world.” Read more

 

Bank association to Israel’s central bank: give us guidelines on cryptocurrency. The lack of clear guidelines regarding crypto-related financial activity makes it difficult for banks to perform due diligence. Read more

 

Ford and Iveco partner up with next-generation wheel company. Israel-based Softwheel develops wheels with built-in suspension and it is increasingly drawing the attention of the automotive industry. Read more

 

Educational games startup TinyTap raises $5 million. TinyTap offers an application that enables teachers and parents to create custom educational mobile games. Read more

 

Startup uses business intelligence toolkit to help patients improve healthcare choices. Israel-based Medint collects and analyzes information from medical websites, social platforms, blogs, and forums to help patients make informed decisions. Read more

 

News Briefs

JVP is raising a $200-million fund. Read more

 

Photo scanning app developer Photomyne reportedly raises $5 million. Read more

 

Georgian airline MyWay to launch route between Tel Aviv and Tbilisi. Read more

 

Liver treatment company Galmed looking to raise $75 million in public offering. Read more

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