Gesture-Tech: Intel acquires Omek, PrimeSense denies Apple rumors
The gesture recognition technology market is heating up. Intel recently shelled out an estimated $50M for Omek Interactive, a company that develops technology for gesture-based interfaces. Calcalist reports that Apple is circling around PrimeSense, another developer of gesture-based technology that powers Microsoft’s Kinect. To read more about the latest developments in the gesture technology market, click here.
CompuLab, an Israeli maker of next-generation computing products, has announced a tiny, bare-bones computer called the Utilite that will sell for $99. It is just slightly larger than a pack of 100 index cards. The device will have up to 4GB of RAM and can contain a hard drive with up to 512GB. To read more about the next generation of pocket-PCs, click here.
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Trending Israeli Entrepreneurs
Israeli entrepreneurs turn cyber security problems into opportunities
Israel’s first-ever private cyber security incubator is being established in Beer Sheva to encourage Israeli solutions for cyber security threats. The incubator is set to open its doors in October in a facility located near the Israel Defence Force’s brand new computer technology and intelligence base in the city. To read more click here.
OurCrowd’s guide to the perfect startup pitch
Nowadays it isn’t easy pitching to VCs. With the demand for series A venture capital soaring but the supply remaining steady, startups are finding it increasingly difficult to go out and make a successful fundraising pitch. So, OurCrowd’s David Stark has come up with a few rules to guide you in your perfect pitch. To read more, click here.
PTC acquires Israel’s Enigma for $10M
PTC has announced the acquisition of Israeli company, Enigma. The company develops software for the management of maintenance repair and overhaul for complex equipment, such as heavy industrial equipment, aircraft and vehicle parts. To read more, click here.
OurCrowd’s News Nuggets
Israeli startup HomeDine launches new iPhone app (TechCrunch)
Google: “Waze won’t be the last Israeli acquisition” (Globes)
Graduating student projects of Israeli engineering school (GeekTime)
Tmura & OurCrowd aim to push startups to give equity to charity (NoCamels)
Entrepreneurs-to-be spend their summers in the Startup Nation (Haaretz)