CTech's Wednesday Roundup of Israeli Tech News
Teva raises $2.1 billion in debt tender offer; High profile spy companies are damaging Israel’s image
Teva raises $2.1 billion in debt tender offer. Teva originally aimed to raise $1.5 billion, to redeem previous debentures it raised to finance the $40.5 billion acquisition of Actavis in 2016. Read more
Opinion | High profile spy companies are damaging Israel’s image. Israel’s tech ecosystem is world-renowned for its innovation, but companies like NSO, Black Cube, and AnyVision are casting a sinister shadow over it. Read more
NSO co-founders Omri Lavie (right) and Shalev Hulio. Photo: Bar Cohen
Fintech startup Capitolis raises $40 million. Capitolis develops an online marketplace where banks and financial institutions can manage their capital and establish collaborations. Read more
Idan Ofer’s Israel Corp. to invest up to $500 million in growth stage companies. Israel Corp. intends to focus on companies based in Israel and Europe, investing between $70 million and $100 million in each in return for equity. Read more
Expert | China’s new business reform is changing the rules. China's new reforms are changing the business reality for Israeli and global companies. Zvi Shalgo, chairman of operation management firm PTL Group, outlines the steps companies need to take to prepare. Read more
Cyber intelligence company IntSights raises $30 million. IntSights develops a database that aggregates threat intelligence and provides organizations with tailored threat analyses. Read more
JVP, Mellanox win Tender to promote tech innovation in Haifa. Haifa is Israel’s third largest city, but, according to a 2016 government report, it is only home to 4.5% of Israeli startups and 6.4% of mature tech companies. Read more
Tel Aviv's free Shabbat public transport service to start Friday. In collaboration with three neighboring towns, Tel Aviv will operate six routes covering over 300 kilometers. Read more
