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.