CTech's Tuesday Roundup of Israeli Tech News

Mellanox CEO: Nvidia deal gives the best value to company shareholders; NASA to include StemRad's radiation vest in Orion’s first mission to the moon

Mellanox CEO: Nvidia deal gives the best value to company shareholders. Nvidia agreed to pay $6.9 billion in cash for the Israeli chipmaker, above Intel’s reported $6 billion cash and stock offer. Read more

Jensen Huang, co-founder and CEO of Nvidia. Photo: Nvidia

NASA to include StemRad's radiation vest in Orion’s first mission to the moon. Last year, Calcalist reported that NASA will test StemRad’s radiation suit, dubbed AstroRad, in a deep space mission. Read more

 

Israel Is the eighth largest arms exporter in the world. Over the past decade, Israeli arms exports increased by 60%, according to SIPRI’s report. American arms exports increased by nearly 30%, and Russia saw a 17% decrease in its outgoing arms trade. Read more

 

Board of solar power company calls pivot to medical cannabis “illogical.” The board of directors of Tel Aviv-listed solar energy company Apollo Power has opposed a request by stakeholder Valter Team to add medical cannabis to the company’s fields of activity. Read more

 

This GDPR-compliant app will keep your contact and career data up to date. Keepin gives users the ability to control the way their contact information shows up on other users’ phones, allowing them to update their own profile and make sure it remains updated. Read more

 

Lear invests in Tel Aviv-based venture capital fund Maniv Mobility. Maniv Mobility's portfolio and investing activities are mostly focused on Israeli startup companies in the autonomous, ridesharing, and mobility fields. Read more

 

Former Microsoft executive now helps Magic Leap connect with Israeli firms. Hanan Lavy has joined Magic Leap in October as director of ecosystems management in Israel. In his previous position, Lavy was a senior director at Microsoft’s global startup accelerator program. Read more

 

Enel invests in 3D map developer Pixtier. PixTier's software turns two-dimensional aerial photos into 3D maps. Read more

 

Lear invests in Tel Aviv-based venture capital fund Maniv Mobility. Maniv Mobility's portfolio and investing activities are mostly focused on Israeli startup companies in the autonomous, ridesharing, and mobility fields. Read more

 

Cross River's Israeli software developer opens Jerusalem offices. In December, Cross River announced it completed a $100 million fundraising round. Read more

 

Q-Core Medical to open European regional headquarters in Marseille. The Israeli company develops infusion pumps for hospitals and ambulatory care. Read more

 

Drip irrigation company Netafim wins $100 million irrigation contract in India. The smart irrigation pioneer will install precision irrigation systems in 100 villages across India as part of a community irrigation project. Read more