EMC, one of the largest data storage providers in the world, has agreed to buy ScaleIO for $300M. ScaleIO’s software uses the hard disk on application servers to create high-performance, shared virtual storage, which offer the easy scalability and elasticity of storage. To read more about yet another major acquisition of an Israeli startup, click here.
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Technology Corner
Stratasys buys out MakerBot for $403M
Stratasys, an Israel-based 3D printer manufacturer, has acquired Brooklyn-based MakerBot, a pioneering 3D printer manufacturer for $403M. The acquisition of MakerBot is intended to help Stratasys increase its presence in the 3D printer market. To read more about this major acquisition, click here.
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Trending Israeli Entrepreneurs
Nobel winner, Dan Shechtman, explains how to succeed as a start-up
Nobel Prize winner Professor Dan Shechtman, world-renowned for his work in chemistry and material science, recently spoke at the MedInIsrael conference hosted by the Israel Export Institute. Shechtman shared his thoughts and wisdom on how to achieve success as a startup. To get all of Shechtman’s tips and recommendations, click here.
Deutsche Telekom opens European door for Israeli startups
Telecommunications giant, Deutsche Telekom, announced that it will be launching a new special track for Israeli startups in early stages to set up shop in Germany. To learn how Deutsche Telekom is helping Israeli startups take their first steps into the European market, click here.
Cisco opens innovation center in Israel
Cisco announced that it has opened an innovation center in Israel together with Pelephone Israel Telecommunication. Cisco said that it will test the world’s first self-optimizing system that combines small-cell, Wi-Fi and macro technologies. To read more about Israel becoming the beta tester of the new digital world, click here.
OurCrowd’s News Nuggets
Marvell co-founder: Israel made ‘Marvell’ more marvelous (TimesOfIsrael)