Which Israeli company did Intel acquire for $60 million and who is sending a nanosatellite into space?

CTech Daily Roundup: Waldman to leave Mellanox two decades after founding unicorn

CTech 23:0104.11.20
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Intel acquires Israeli data science startup Cnvrg.io for $60 million. Cnvrg develops a service for managing, speeding up, and scaling data science workflows, enabling clients to quickly develop, test, deploy, and refine machine learning models. Read more

 

Waldman to leave Mellanox two decades after founding unicorn. Waldman led the Israeli supplier of computer networking products to a Nasdaq IPO in 2007, as well as the $6.9 billion sale to Nvidia Corp. last year. Read more
A nanosatellite. Photo: Tel Aviv University A nanosatellite. Photo: Tel Aviv University

 

Tel Aviv University students to send nanosatellite into space. The small satellite, which was designed and constructed in Israel, will measure cosmic radiation around the Earth. Read more

 

I see a lot more movement of human capital between our countries, says WBAF exec in Dubai. Speaking at Calcalist and Bank Leumi’s "Economic Opportunities in the UAE" online conference, Lucy Chow from the World Business Angels Investors Forum discusses the role of human capital and female entrepreneurs in the UAE workforce. Watch full video

 

BGN Technologies announces collaboration with ECOIBÉRIA for plastic biodegradation. The research hopes to change the way the textile, food, and beverage industries adopt single-use plastics. Read more

 

“Any company can set up business here,” says Chairman of Emirati Entrepreneur Association. Speaking at Calcalist and Bank Leumi’s "Economic Opportunities in the UAE" online conference, Sanad El Meqbaly tells Sophie Shulman what the UAE is looking for in an Israeli business partner. Watch full video

 

IAI privatization back on track after a ministerial power struggle. Israel’s largest aerospace and defense company is aiming for a $12 billion issuance. Read more

 

Public transit fare payment apps set to start operating in Israel by the end of 2020. The new payment method will allow users to pay for rides using their phones, with the system automatically applying all relevant discounts as well as a maximum daily cap, without requiring a physical bus pass. Read more