Bally Technologies acquires Israel’s DragonPlay for $100M
Las Vegas gambling giant, Bally Technologies, is dipping is acquiring Tel Aviv-based gaming startup, Dragonplay, a maker of casino-style social apps for iOS, Android and Facebook. Bally said it would pay up to $100 million for Dragonplay, which ranks among the 10 highest-grossing game developers in the social casino genre. Bally is now the second major Las Vegas casino gaming brand to enter social gaming via an Israeli company. To read more, click here.
OurCrowd In The News
OurCrowd portfolio company Consumer Physics featured in TechCrunch
3rd big UK water contract for Israeli ‘bubble tech’ startup
United Utilities is the third UK water provider to sign a contract with Israel’s Mapal Green Energy for wastewater treatment. In a Mapal system, water bubbles infused with air are used to clean water as part of aeration systems, removing pollutants and separating sludge from water. Water professionals consider bubbles one of the more effective ways of treating sewage and water suffering from industrial pollution. To read more about Mapal Green Energy’s water recycling system, click here.
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Finding the Space to Invest: SpaceIL and Israel’s place in the “new space race”
Join OurCrowd for a webcast featuring Yariv Bash, co-founder of SpaceIL, for a lively discussion about SpaceIL’s audacious vision to make history by landing the first Israeli spacecraft on the moon (on a shoe-string budget). SpaceIL is competing for $20 million as part of a Google competition to encourage entrepreneurial activity in the space sector.
Tuesday, June 10th (7:00pm Israel / 12:00pm ET / 9:00am PT)
Meet Hilla Ovil-Brenner, mentor of female CEOs in Israel
Hilla Ovil-Brenner is the founder of Yazamiyot, a group that recruits powerful and empowering women in high-tech to mentor other women who want to succeed in the field. The group has grown into a community of 600 women in various stages of ventures, from CEOs in big companies to early-stage startups. To read more about Ovil-Brenner, click here.
will.i.am is looking for future high-tech investments in Israeli startups
Black Eyed Peas rapper and singer, songwriter and producer will.i.am (William Adams) met with five Israeli startup companies in which he is considering making future investments. will.i.am met in Tel Aviv with representatives from Tonara, WiShi, guster, Fashioholic and Replay Technologies. To read more, click here.
OurCrowd’s News Nuggets
The Big Apple sips Israeli startup juice (Israel21c)
