To deter future thieves in the industry, a judge sentenced an accused investment broker for 12 years in prison.
Tags: Israel
Israel releases Palestinian prisoners as a 'sign of goodwill'
A limited number of Palestinian prisoners were released by Israel today. According to a minister from Israel, the country agreed to release a limited number of Palestinian prisoners as a gesture of goodwill to Palestine.
Apple in talks to purchase Israel's PrimeSense for US$280 million - report
According to a report from Calcalist, Apple was in talks to purchase Israel's 3D vision chip developer, PrimseSense, for US$280 million.
Private Equity deals in Israel down 50% in the first six months of 2013
Reports state that private equity investments in Israel in the first half of 2013 have dropped by as much as 50%.
Israeli Tnuva to go public
Tnuva Food Industries stated it could go public to improve the company's capital structure. Tnuva Food Industries Ltd. revealed plans that it might consider an initial public offering.
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Venture capitalists Michael Eisenberg and Eden Shochat raised US$140 million for their new venture fund Aleph.
Siemens to close Solel, its solar energy unit after failing to sell off the business. (Photo : Reuters)The image is the corporate logo of Siemens. Siemens, the German industrial conglomerate, has announced the shutdown the last unit of its solar energy business after it had failed to find a purchaser for the business.
Facebook in the process of acquiring Israel's Waze for US$1 billion. According to business newspaper, Calcalist, the largest social networking site, Facebook, was reported on Thursday to be in early discussion with Israeli's renowned mobile satellite navigation application, Waze.
Intel Capital said on Wednesday it was expanding its operations in Israel as it seeks to boost its portfolio of Israeli technology companies and improve returns on its investments.
Israeli high-tech firms raised $483 million in venture capital in the first quarter, after raising $2.14 billion in 2011, the Israel Venture Capital (IVC) Research Center said on Monday.
