CTech's Thursday Roundup of Israeli Tech News
OrCam unveils wearable personal assistant, new technologies for people with disabilities; Insight Partners in negotiations for senior Israeli venture fund Gemini V
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CES 2020 | OrCam unveils wearable personal assistant, new technologies for people with disabilities. With new natural language processing abilities and other AI technologies, OrCam’s devices help vision and hearing impaired people navigate day-to-day life with greater ease. Read more
CES 2020 Las Vegas. Photo: Reuters
Insight Partners in negotiations for senior Israeli venture fund Gemini V. Earlier this week, the New York venture firm confirmed that it had acquired Israeli IoT security startup Armis for $1.1 billion. Read more
CES 2020 Las Vegas. Photo: Reuters CES 2020 | Younger sports fans want to be a part of the narrative, says Intel Sports exec. Dudi Ben-Auen, head of research and development for Intel Sports and general manager of the department’s Israel office, spoke to Calcalist at the 2020 CES tech exhibition. Read more
Tesla leases showroom in Tel Aviv. A Calcalist delegation that visited the building found several of Tesla’s cars already on the premises, with its popular Model 3 comprising the majority of the vehicles. Read more
Rockwell Automation to acquire Avnet Cyber. Avnet Cyber provides cybersecurity training services and strategy design services for cybersecurity professionals, military organizations, banking and financial institutions, and government offices. Read more
With increased demand for software engineers in Israel come higher salaries. The average wage of workers in Israel’s software industry rose by 23% over the past five years, according to data gathered by Tel Aviv-based tech placement company see.V. Read more
Tel Aviv among most trending destinations for 2020, according to Google. Israel’s culture and business capital ranked fifth on Google’s list of most popular destinations for hotel searches in 2020. Read more
2019 in Numbers | The year of the shekel. The Israeli currency saw a steady rise in 2019. Read more
Chipmaker Sckipio agrees to transfer employees to Sequans Communications. Sckipio develops chips for modems and broadband applications and has recently run into trouble, as major clients halted their orders. Read more
Airspan Networks lays off dozens of employees in Israel. The company’s local outpost was founded in 1999 as RDC Communications and was acquired by Airspan Networks in 2002. Read more
