By Jewish News Syndicate (JNS)
Since some corporations choose to keep their investments out of the public domain, the actual figure might be even higher.
The Russian search giant Yandex has bought out Israel’s KitLocate start-up, a maker of low-power mobile geolocation technology, for “several million Euros,” TechCrunch reported Tuesday. KitLocate features low battery consumption by using proprietary algorithms that allow location-based apps to request the device’s geographic coordinates less frequently without losing too much precision. Yandex will use KitlLocate’s […]
The Priceline online ticketing and reservation company has bought Israeli-based start-up Qlika for around $3 million, according to the VentureBeat website. Qlika, based in the metropolitan Tel Aviv city of Ramat Gan, focuses on "micro-location" ad campaigns and has only six employees, all of whom have masters' degrees in physics and mathematics and who have […]
By JTA
Israeli Prof. Havazelet Bianco-Peled of Haifa's Technion University has invented a new super glue that mechanically seals areas of potential leakage after surgery, without the need for sutures. Bianco-Peled set up the Sealantis start-up at Technion in 2007, and the company now is expecting FDA approval for the “Seal-V” glue, developed from the cell walls […]
Israeli start-up Outbrain, which provides a digital content management and storage solution, sis going to Wall Street to raise $100-200 million in a public stock offering. The company’s decision to go public rather than sell out to foreign companies puts it in company with Wix, Matomy Media and Fifty One Inc., now called Borderfree, all […]