Alma Lasers has been acquired by Chineese pharmaceutical group, fosun for $240M. The company manufactures light-based laser products for aesthetic and medical applications and has an annual revenue of nearly $100 million.
To read more about the latest buyout of an Israeli startup, click here.
Technology Corner
New Energy Pioneer for 2013, WhiteWater is the Google Analytics for water grids
WhiteWater Technologies has been named as a New Energy Pioneer for 2013 by Bloomberg New Energy Finance. WhiteWater provides a water management network that uses sensors to collect data on usage, leaks, and other problems in pipes, water sources, and end user connections. To find out about a startup that is trying to better the world, click here.
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Trending Israeli Entrepreneurs
Israeli entrepreneur develops smarthphone for the blind
Serial Israeli entrepreneur Boaz Zilberman’s newsest venture, Project Ray, has created an Android operating system designed for the blind. The first unlocked phones were recently released for the Israeli and European markets and were built by Huawei. Click here to read more.
Is it a VC firm? Is it an angel fund? No, it’s OurCrowd
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Warren Buffett’s Berkshire Hathaway holding company has paid $2.05B for the remaining 20% of IMC International Metalworking Companies – known in Israel as Iscar – completing the buyout that began in 2006. Find out more about this monster acquisition here.
Israeli Web analytics software company, ClickTale raises $17m
ClickTale helps businesses understand what visitors are actually doing on their websites by providing insightful information. This is ClickTale’s series B round after raising only $800K in the past from YL Ventures. To find out more about ClickTale, click here.
OurCrowd’s News Nuggets
Israeli translation technology promotes “Understanding” (TimesOfIsrael)Wix launches sweet new headquarters in Tel Aviv (BusinessInsider)
Israel’s EatWith connects travelers and locals through food (TechCrunch)
Tracking your online behavior to protect your privacy (NoCamels)
