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CTech's Sunday Roundup of Israeli Tech News

CTech's Sunday Roundup of Israeli Tech News

Elbit to acquire Harris' night vision business for $350 million; Israeli authorities challenge claims of voting system breach

CTech | 14:49, 07.04.19
Elbit to acquire Harris' night vision business for $350 million. The Nasdaq and Tel Aviv-listed defense contractor completed its $484 million acquisition of Israel-owned arms manufacturer IMI in November. Read more

Israeli authorities challenge claims of voting system breach. On Saturday, days before the Israeli general election, an anonymous Twitter user claimed that the details of 6 million Israelis have been compromised following a voting system hack. Read more

Elections. Photo: Maor Suisa Elections. Photo: Maor Suisa Elections. Photo: Maor Suisa

Real estate developers have turned this historic Tel Aviv neighborhood into a hotel lobby. One of three apartments in Tel Aviv’s historic Kerem HaTeimanim neighborhood now serves as a vacation rental. Read more

Israeli spacecraft Beresheet completes first moon-orbit maneuver. The maneuver brought Beresheet’s furthest point from the moon from 10,400 kilometers to 750 kilometers. Read more

Board of dronemaker Aeronautics approves acquisition by Rafael. The deal, announced in February, reflects a company valuation of NIS 850 million ($237 million) for Aeronautics. Read more 

Nielsen pulling out of Israel. Nielsen will keep operating its Israel-based early stage incubator and investment fund. Read more

DIY project website developer Hometalk raises $15 million, report says.The company develops a website where homeowners, DIY bloggers, and professionals can share project ideas and consult about home renovations, repairs, cleaning, gardening, and crafting. Read more

Email protection company Cyren to delist from Tel Aviv exchange on Wednesday. Cyren was founded in Israel in 1991 as an email services provider and changed direction after its 1999 Nasdaq IPO. Read more
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