CTech's Thursday Roundup of Israeli Tech News

Interview | Flu season might soon pass, for good. The researchers behind Jerusalem-based BiondVax talked to Calcalist, discussing their potential universal flu vaccine, currently undergoing a phase 3 clinical trial. Read more

Election | Third time’s a charm: Israel heads for yet another election. On Wednesday at midnight, the final deadline for an Israeli parliament member to gather a majority of 61 fellow parliamentarians has passed and the Knesset voted to disperse, setting a new election for early March. Read more

There are no magic solutions in cyber, says head of Cisco Israel. Cisco helps companies make their digital journey, Oren Sagi, general manager of Cisco Systems Israel said in a recent interview, ahead of Calcalist’s cyber conference on Monday. Read more

 

Investment bank Stifel financial opens first branch in Israel. The NYSE-listed bank chose Alain Dobkin, a veteran banker with two decades of Israeli and international experience in M&A deals, as the general director of its new local branch. Read more

Cybereason detected credit card malware attack that stole tens of millions of dollars. The Israeli Cybersecurity company said the attack, which targeted the PoS systems of financial, manufacturing, and retail companies in Europe and the U.S., resembled previous attacks by cybercrime group FIN6. Read more

 

Software testing company Qualitest buys machine learning company AlgoTrace. In July, private equity firm Bridgepoint acquired a controlling stake in Qualitest for $420 million. Read more

DuPont acquires Israeli desalination company Desalitech. The New York-listed chemicals company did not disclose the financial terms of the deal. Read more

Construction site app developer Buildup on brink of shutting down. Buildup develops a mobile and web-based app that facilitates communication among project managers, contractors, and other construction site personnel. Read more