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CTech's Monday Roundup of Israeli Tech News

CTech's Monday Roundup of Israeli Tech News

Most Israelis are unhappy with the current government’s economic policy, survey shows; FIMI in talks to buy a controlling stake in kibbutz-owned water treatment company

CTech | 14:36, 02.09.19

Election | Most Israelis are unhappy with the current government’s economic policy, survey shows. A new survey released just two weeks ahead of the country’s general election shows many Israelis oppose raising taxes because they do not believe the government would use additional funds to improve social services. Read more

Israeli Prime Minister Benjamin Netanyahu. Photo: AP Israeli Prime Minister Benjamin Netanyahu. Photo: AP Israeli Prime Minister Benjamin Netanyahu. Photo: AP
FIMI in talks to buy a controlling stake in kibbutz-owned water treatment company. FIMI already holds 18% of London-listed Amiad Water Systems; now, it is looking to acquire up to 27% more, according to two people familiar with the matter. Read more

Allergan says Teva bears sole liability for Actavis' actions. Actavis, which Teva bought from Allergan in 2016 for $40.5 billion, was one of the top U.S. sellers of opioids in 2006-2012. Read more

Back to school: 10 ways to improve Israel’s education system. How to help students prepare for the future job market? Ten experts offer unique ideas on how to make education in Israel more innovative and creative. Read more

New Tel Aviv accelerator offers a program dedicated to female founders. Officially launched last week, WOSNA currently hosts a first cohort made up of 11 startups with at least one female founder. Read more

Consumer electronics importer Ralco wants in on the green gold. Ralco announced a $5.66 million investment in Israeli medical cannabis company Together Pharma on Monday in return for an 11.5% stake. Read more

Indian Oil, Israeli company Phinergy to collaborate on new electric vehicle battery factory. The two companies first signed a collaboration agreement last year, India media reported. Read more

VeriFone Israel acquires software startup Action Item for $4 million. Action Item Software will serve as a Tel Aviv research and development outpost for VeriFone, and its 60-person team will be integrated into the company. Read more

Tel Aviv Stock Exchange suspends trading in Vonetize securities. On Saturday, Vonetize announced that its attempts to raise funds have failed, that it cannot repay its bonds, and that the bonds’ trustee has informed the company it must begin insolvency proceedings. Read more

Tokyo-listed Terumo signs distribution deal with cancer freezing company IceCure. IceCure develops an ultrasound imaging-guided probe that injects liquid nitrogen into a tumor, freezing its tissue in a process called cryoablation. Read more

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