CTech's Thursday Roundup of Israeli Tech News

Israel’s venture capital industry creates office to battle sexual harassment. A group of major venture capital firms in Israel has come together and created an independent ombudsman’s office to handle sexual harassment allegations across the industry. The 38 companies have empowered the office to investigate claims and issue recommendations for sanctions, including the possible firing of offenders. Read more

 

Israeli government asking parliament for vast new powers to fight cyber threats. A bill making its way through the Israeli parliament would give the country’s cyber defense authorities the power to search and seize private data and hardware with little oversight. Read more

 

Mellanox CEO downplays dama of Starboard’s attempt to take over board. The seven-month control struggle between Israeli chipmaker Mellanox Technologies Ltd. and activist hedge fund Starboard Value LP came to an end on Tuesday with an agreement regarding the contested composition of Mellanox's board of directors. In an Interview with Calcalist, Mellanox CEO Eyal Waldman said he considers the agreement a win-win situation. Read more

 

Samson buys industrial maintenance software developer Precognize. The software Precognize develops performs statistical analysis to predict when industrial equipment is going to fail. Read more

 

World Economic Forum’s list of technology pioneers recognizes eight Israeli startups. The WEF named LiDAR company Innoviz, sensor developer Vayyar, and water security startups Water-Gen and Utilis among its 2018 innovative startups list. Read more

Data analytics startup SQream makes three executive appointments. In Late May, Alibaba led a $26.4 Million investment round in Tel Aviv-based SQream. Read more

News Briefs

 

Sephora Europe partners with retail analytics startup ciValue. Read more

 

Website usability company WalkMe buys machine learning startup DeepUI. Read more

 

Auto parts company Soling to collaborate with Israeli gesture recognition startup EyeSight. Read more

 

Intel CEO says company bought Mobileye in pursuit of safer autonomous cars. Read more