CTech's Monday Roundup of Israeli Tech News
NSO kills merger talks with surveillance company Verint. 80,000 protesters call for LGBT rights in Tel Aviv
17:5523.07.18
NSO kills merger talks with surveillance company Verint. The stock and cash deal negotiated would have seen Verint pay a combined $1 billion dollar for NSO, but NSO’s co-founders sunk the deal. Read more
80,000 protesters call for LGBT rights in Tel Aviv. A new surrogacy law approved by the Israeli parliament last week provoked countrywide protest for failing to extend the right to use surrogacy to the country’s gay population. Read more
LGBT protest in Tel Aviv. Photo: Jennifer Poliakov
PayU to acquire Israel-based payment platform startup Zooz. Netherland-headquartered PayU provides online payment services for both individual and institutional customers. Zooz provides customers with a payment platform that consolidates and analyzes all payment data, enabling the personalization of services. The companies have been working together for the past year and a half. Read more
Eli Lilly signs multi-year collaboration with Anima Biotech. Israel-based Anima will receive an upfront payment of $30 million and $14 million for research, but could potentially get as much as $1.05 billion in milestones. Read more
Johnson & Johnson invests in Israeli startup developing orthopedic brace. The self-adjusting brace is being designed to help with bone lengthening, setting complex fractures, and correcting deformities. Read more
Meditation app headspace ventures into mindful eating. The 10-day meditation series will provide tips on making “thoughtful food choices” and teach users to “truly appreciate” the food they are eating. Read more
Israel’s chemicals industry facing labor shortage, executive says. For Adama Agricultural Solutions, it's easier to find chemists in China. Read more
Israel sells 250 million euros worth of government bonds at 0.05% interest. The bonds issuance is part of a wider effort by the Israeli government to encourage Asian investments in Israel. Read more
News Briefs
Court rules Allergan can't use Indian tribe deal to protect patents. Read more
Metadata management startup Octopai raises $4.5 million. Read more
WeWork to open coworking space in north israel port city Haifa. Read more
Research database startup MaterialsZone raises $1 million. Read more
