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Which Israeli Startup Sold for $365 Million and Who is the Billionaire that Fell Victim to a Real Estate Sting?

Which Israeli Startup Sold for $365 Million and Who is the Billionaire that Fell Victim to a Real Estate Sting?

CTech Daily Roundup: National Instruments acquires Israel-Based data analytics startup OptimalPlus for $365 million

CTech | 23:02  02.06.2020

National Instruments acquires Israel-Based data analytics startup OptimalPlus for $365 million. OptimalPlus develops AI tools for the automotive, semiconductor, and electronics industries that provide real-time product analytics and extract insights from data across the entire supply chain. Read more

Exclusive | MeMed receives regulatory green light for test that can greatly reduce antibiotics prescriptions. Israel-based company tests the immune system’s reaction to infection rather than the infection itself. Read more

OptimalPlus employees. Photo: OptimalPlus OptimalPlus employees. Photo: OptimalPlus OptimalPlus employees. Photo: OptimalPlus

Interview | Viola Ventures is seeking technologies that combine AI and fundamental scientific disciplines. After investing in Immunai, Zvika Orron is hungry for more of the same formula. Read more

Public transportation payment apps set to go into use on June 25. Apps offer the ability to limit payments to the actual rides completed instead of charging a pre-paid card every month. Read more

Opinion | Covid-19 does not have to mean an untimely demise for young Israeli startups. If Israel wants its growth engine back on track, it is going to have to be far more creative and generous. Read more

Opinion | 6 principles to prevent misuse of network-based tracking in the war on Covid-19. The software discloses substantial details about one’s habits and routines, hence these systems need strict governance as to when and how they should be used. Read more 

Canadian billionaire Sylvan Adams alleges he fell victim to a real estate sting in Tel Aviv. Adams claims Israeli contractor Ran Ben Bassat overcharged him some $10 million for construction work on his Tel Aviv coastline luxury penthouse. Read more  

Tomer Cohen appointed CEO of BuyMe. Cohen is a co-founder and previous CEO of Jobit, a Tel Aviv-based employment agency and previously served as Chief of Staff to Israel's Ambassador to the United Nations. Read more

Playtika recruits 70 new employees, launches coffee shop for the company's workers. Playtika develops free-to-play applications and online games and reports over 27 million monthly active users. Read more

Video | Israel Aerospace Industries showcases ballistic strike missile. The trial, held in the open sea, was designed and performed under Covid-19 restrictions and demonstrated the capabilities of the advanced system to customers. Watch video

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