El Al improves punctuality ranking in 2018

Delta Airlines was the most punctual airline in 2018, according to the annual report published by the Flightstats website. The website examined the takeoff times of millions of flights by various airlines around the world.…

SolarEdge buys Italian electric vehicle power co SMRE

Israeli smart energy company SolarEdge (Nasdaq: SEDG) announced today that it has signed an agreement to acquire Italian electric vehicle power company SMRE spa. The initial acquisition entails a purchase from the founder and an…

Patient monitoring co EarlySense raises $39m

Israeli hospital patient monitoring company EarlySense today announced that it has completed a $39 million financing round, with the majority of the funding coming from Hill-Rom (NYSE: HRC), a global provider of medical technologies and…

BoI keeps rate unchanged, cuts growth forecast

The Bank of Israel Monetary Committee, headed for the first time by new Governor Amir Yaron, has kept the interest rate unchanged at 0.25%. Last month the rate was raised by 0.15% from its historic…

Elbit wins Energean deal to protect Karish-Tanin gas…

The security solution will enable detection and identification of both surface and underwater threats. Israeli defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) announced today that it has been awarded a $15 million…

Radware buys Indian bot co ShieldSquare

Radware Ltd. (Nasdaq: RDWR) has accumulated a lot of cash in recent years. Despite investors' expectations, however, it has not made large acquisitions. The company today announced an acquisition, although it does not appear to…

FIMI in talks to buy Tevas Kiryat Shmona…

Leading Israeli investment fund FIMI Opportunity Funds, led by Ishay Davidi, is in exclusive negotiations to acquire the Migada plant in Kiryat Shmona from Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA), sources inform "Globes."…

Samsung in advanced talks to buy Corephotonics for…

Korean tech-giant Samsung is in advanced negotiations to acquire Israeli company Corephotonics for $150-160 million, sources inform "Globes." Corephotonics has developed a camera with dual lense technology for smartphones, which is designed to improve the…