Israel’s Orbotech acquires UK-based SPTS for $370 million
Orbotech has agreed to acquire SPTS Technologies Group, a UK manufacturer of equipment for the microelectronics industry, for $370 million in cash. Israel’s Orbotech makes automated optical inspection systems for producers of electronic components such as printed circuit boards and flat panel displays. To read more about the deal, click here.
7 Israeli alternative-energy companies with solutions to fuel the future
By 2050, one-third of the world’s energy will need to come from renewable sources, like solar or wind. At the forefront of alternative energy innovation are a number of homegrown Israeli companies that have come up with unique solutions for harnessing the power of the sun, wind, waves and waste into the energy sources of the future. To read more on these Israeli alternative energy companies, click here.
If you’re an accredited investor and interested in investing in some of Israel’s most exciting startups, please register at OurCrowd
Updates You Might Have Missed
Trending Israeli Entrepreneurs
Erel Margalit to launch medicinal food incubator in the Galilee
In an interview with Globes, MK and high tech entrepreneur Erel Margalit discusses his latest venture. Margalit is forging an interesting way of combining high tech with agriculture for the sake of developing the Galilee region. He intends to make the Galilee into a development center for medicinal food by starting a technology incubator in Kiryat Shmona. To read more about Margalit’s medicinal food incubator plan, click here.
BIRD to invest $8.9M to promote Israeli-American tech cooperation
The Binational Industrial Research and Development Foundation, which promotes collaboration between Israeli and American technology companies, announced that it would provide $8.9 million in funding to 11 new projects between Israeli and American companies dealing with 3D printing, agro-tech, information security, homeland security and other topics. To read more, click here.
Women 2.0: Breaking the glass ceiling in the Startup Nation
Israel is one of the leading nations in the world for tech and startups. It is a country where those who work hard can better themselves, regardless of the gender divides that existed years ago. Women hold positions in government and the medical professions, education and clergy; and now, women in business and entrepreneurship are becoming prominent. To read more, click here.
OurCrowd’s News Nuggets
Top 12 Israeli apps to keep you healthy (Israel21c)
