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Oracle acquires Israeli co Ravello Systems for $500m

category: investment
All employees of cloud software company Ravello will join Oracle as part of Oracle Public Cloud. US software giant Oracle Corp. (NYSE: ORCL) has acquired Israeli cloud software company Ravello Systems for $500
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Cuomo announces finalists for 43North, world’s largest business idea

category: General, investment
  – Niagara Frontier Publications On Thursday, Gov. Andrew M. Cuomo announced the 11 finalists for 43North, the world’s largest business idea competition. The finalists will compete in front of a
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Microsoft Confirms Purchase Of Cloud Security Firm Adallom

category: cyber, investment
Posted yesterday by (@alex) Microsoft announced this morning that it purchased cloud security firm Adallom. According to sources familiar with the matter,
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Yelp buys Eat24, expands into online food ordering

category: investment
U.S. online food-ordering service Eat24 was started by two Israelis in San Francisco. By Subrat Patnaik and Sai Sachin R REUTERS – Yelp Incorporated said it bought the U.S. online food-ordering service Eat24, which was
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Google Ventures sets up $100m Europe, Israel fund

category: investment
Sources inform “Globes” that Google will also use its European fund for Israeli start-ups. Five years after launching its Google Ventures investment fund, the Internet giant announced yesterday that it was launching a
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Israel Is Among The Top 20 Suppliers of Environmental Goods to the U.S.

Necessity is the mother of all inventions.  Israel is a nation with limited natural resources but an abundance of human capital composed of highly skilled and innovative workers.  These factors, along with Israel’s mature high-tech
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U.S.-Israel Bilateral Trade in Goods: Concentrated in High Tech and Advanced Industrial Products

The United-States Israel Free Trade Agreement serves as the foundation for a strong, vibrant, and open bilateral trade relationship.  The United States and Israel are both advanced industrial economies with innovative companies on the cutting
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United States-Israel Bilateral Trade in Services: Partners in Cutting Edge Research and Development

U.S.-Israel bilateral trade in services grew nearly 363% from $1.9 billion in 1992 to approximately $8.8 billion in 2011.  In 2011, U.S. imports of services from Israel reached $4.9 billion and the U.S. exported nearly
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Israel Issues Tenders for the Construction and Operation of Two New Seaports

On Wednesday, July 3rd, 2013 the Government of Israel published the first stage of an international tender for the construction and operation of two new seaports; one in Ashdod and one in Haifa.  Israeli Prime
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Israeli Owned Companies Employed Over 23,000 Americans and Contributed $256 million to U.S. Exports in 2010

Israeli companies are playing an important role in helping the U.S. economy grow, create quality high paying jobs and remain on the cutting edge of the global economy. According to the U.S. Department of
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