Israel

Teva Pharm top huncho Levin resigns

CEO Jeremy Levin resigns from Teva, but board is confident they will find a permanent replacement. Jeremy Levin, chief executive officer of Teva Pharmaceutical Industries, would be stepping down effective immediately, according to a report by Reuters.


Asurion acquires Soluto in USD130 million deal

Asurion's acquisition of Israel-based startup Soluto would reportedly help the former improve its software-centered services.

EZChip to benefit from Verizon capital spending

The prospects of EZChip of Israel improved as Verizon announced its latest LTE programs. The second largest chipmaker in Israel, EZchip Semiconductor Ltd, jumped to its one month high on prospects that the company would benefit from the projected capital spending of Verizon Communications Inc.

Report shows quarterly increases for the venture funding in Israel

IVC with KPMG worked to draft a report on the progress of venture capital investments in Israel. In a report from Reuters, Israeli technology firms have raised USD660 million in venture in the third quarter.


Latest News

The helmets for the F-35 fighter jet would have high-tech features that allow pilots to see through the wings and floor of the F-35.
Israel-based Elbit Systems would be making the pilot helmets for the F-35 Joint Strike Fighters. The pilot helmets for the F-35 Joint Strike Fighter would be exclusively manufactured by Israel-based firm Elbit Systems and its US partner, Rockwell Collins.
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