CTech's Monday Roundup of Israeli Tech News
Insight Ventures buys cyber company Armis for approximately $1 billion; How the lives of Israeli tech workers changed over the past decade
How the lives of Israeli tech workers changed over the past decade. A look at the changes in the employment conditions of tech workers in Israel presents a broader view of the industry as a whole. Read more
Armis founders Yevgeny Dibrov and Nadir Izrael. Photo: PR Expert | The tech sector’s 10 biggest challenges in the new decade. From regaining the public’s trust and addressing the privacy crisis, to making digital coins viable, Calcalist reporter Omer Kabir outlines the most pressing issues faced by the global tech industry. Read more
Email security company Mimecast acquires cybersecurity company Segasec. Segasec develops a cybersecurity service that protects website operators from consumer phishing scams. Read more
Axell launches fintech and insurtech innovation hub in Tel Aviv. The innovation hub aims to connect local and international insurance and financial corporations with local startups. Read more
Adama CEO named CFO of parent company Syngenta Group. Chen Lichtenstein was appointed CEO of the Israeli pesticide manufacturer in 2014; Adama was in 2017 acquired by ChemChina, whose agricultural assets merged with Sinochem to form Syngenta. Read more
Porsche to collaborate with infrared imaging startup TriEye. TriEye develops shortwave imaging technology aimed to help vehicles function better under diverse weather and light conditions. Read more
Italy’s embassy, Intesa Sanpaolo Bank, launch accelerator in Israeli resort town Eilat. Aimed at Italian startups looking to break into Israel, the program offers co-working office space, guidance, networking opportunities, and 10,000 euros in funding for each participating company. Read more
