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CTech's Tuesday Roundup of Israeli Tech News

CTech's Tuesday Roundup of Israeli Tech News

Alternative energy company EWP gearing up for Nordic IPO; Searchlight reaches agreement to acquire controlling stake at Bezeq

CTech | 14:27  14.05.2019
Alternative energy company EWP gearing up for Nordic IPO. The Israel-based company designs and manufactures devices that convert wave energy into electricity. Read more

EWP EWP's Gibraltar power plant. Photo: Echo Wave Power Ltd. EWP

Searchlight reaches agreement to acquire controlling stake at Bezeq. Bezeq's controlling shareholder Internet Gold and its subsidiary and Bezeq's direct controller BCOM are both struggling with a heavy debt to bondholders. Read more

Kibbutz-owned dairy farm management company headed for an exit. Afimilk, 69.5% of which is held by Israeli Kibbutz Afikim, develops and manufactures computerized systems for dairy farm and herd management. Read more

In 2018, a quarter of the companies Samsung Catalyst invested in were Israeli startups. Samsung's multi-stage venture fund invested $300 million in total in 2018, according to Samsung Catalyst head Shankar Chandran. Read more

Nvidia, HP back data storage startup WekaIO. San Jose and Tel Aviv-based WekaIO develops scalable file storage for data-heavy applications. Read more

NSO’s spyware used to tap phones via WhatsApp voice calls, report says. WhatsApp said a vulnerability in its app enabled attackers to infect devices with the Israeli company's spyware, according to a Monday Financial Times report. Read more

When Technology Meets Music | The number of plays a song gets is the only thing that matters, says record label CEO. Steve Greenberg, who heads New York-based music label S-Curve Records spoke Monday at Calcalist’s When Technology Meets Music conference in Tel Aviv. Read more

When Technology Meets Music | Artists should not have to wait a year to get paid, says royalty distribution startup exec. Revelator develops a blockchain-based platform for royalty distributions to copyright owners. Read more

Zebra Medical receives FDA clearance for automated chest X-ray analysis algorithm. Israel-based Zebra Medical develops AI-based algorithms for the automated analysis of medical scans such as X-ray, CT, and MRI. Read more

Home cannabis farming startup Seedo qualifies as U.N. registered vendor. Haifa-headquartered Seedo develops an automated device approximately the size of a mini-fridge used to grow cannabis at home under controlled conditions. Read more

ServiceNow to buy assets of mobile analytics startup Appsee. ServiceNow is acquiring Appsee’s in-app mobile analytics platform, intellectual property, and research and development team. Read more
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