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CTech's Wednesday Roundup of Israeli Tech News

CTech's Wednesday Roundup of Israeli Tech News

Israeli Defense Contractor IAI Signs $777 Million Contract With State-Owned BEL in India; Check Point acquires cloud cybersecurity company Dome9

CTech | 17:57, 24.10.18

Israeli Defense Contractor IAI Signs $777 Million Contract With State-Owned BEL in India. IAI will supply air and missile defense systems for seven Indian Navy ships. Read more

IAI CEO Nimrod Sheffer. Photo: PR IAI CEO Nimrod Sheffer. Photo: PR IAI CEO Nimrod Sheffer. Photo: PR

Check Point acquires cloud cybersecurity company Dome9. The financial terms were not disclosed, but one person familiar with the matter put the sum at $175 million to $200 million. Read more

UEFA folds, Israeli broadcaster Kan to air soccer games in West Bank. Kan won a bid for the rights in 2017 but UEFA's refusal to let the broadcaster air games in Arabic in the West Bank threatened the contract. Read more

Opinion | The new triangle of digital health. Facebook Israel general manager Adi Soffer Teeni writes about the increase in accessibility, shifts in consumer behavior, and technological leaps that drive the digital health revolution. Read more

Israel is unprepared for e-commerce revolution, says government watchdog. In a new report, the Israeli state comptroller criticized the country’s postal service and customs authority for failing to meet the necessary challenges, as Israel’s online retail market grows by 25% a year. Read more

Opinion | Diversity is key for Israel's tech industry. LeumiTech CEO Yifat Oron writes about what Israel needs to do to give its tech industry a boost. Read more

Google launches startup residency program. Participating startups will get a workspace for up to 6 months at a Google for Startups Campus in one of six locations—London, Madrid, São Paulo, Seoul, Tel Aviv or Warsaw. Read more

News Briefs

Former owner under probe officially loses control of Israel’s biggest telecom. Read more

Gesture recognition startup EyeSight raises $15 million. Read more

Swiss stock exchange operator partners with AI-startup to develop new services. Read more

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