Tag: intel

When the Chips are Up: Israel’s Burgeoning Semiconductor Industry Sees Exits Worth Billions

Israel’s history in the semiconductor industry started back in 1974, when Dov Frohman, one of Intel’s first employees and inventor of EPROM – the erasable, programmable, read-only memory chip that eventually led to the creation of flash memory – left Silicon Valley to return to Israel. Frohman had been asked to establish a small chip design center in Haifa, which, at the time, was Intel’s first center outside of the U.S. Fast-forward to 2016, Intel is now the largest employer in Israel’s high-tech sector, having invested over $10 billion in the country and with exports totaling $4.1 billion. Building on such achievements, the Israeli semiconductor industry has now grown to employ over 20,000 people in dozens of companies. Almost all of the world’s leading semiconductor firms have significant R&D centers in Israel, alongside which a large number of local semiconductor companies have grown. The Israeli semiconductor industry is now one of the most advanced internationally, with the second or third highest concentration of design houses in the world. Quick Snapshot – A Look at Major Israeli Innovations From design...

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Intel hitting it out of the park, acquires OurCrowd’s portfolio company Replay Technologies

Game. Set. Match. We’re excited to share that earlier today Intel announced its acquisition of OurCrowd’s portfolio company, Replay Technologies. We are delighted with today’s news about the Intel acquisition of Replay Technology. This is good news for Replay and its investors and for Intel. We believe that together Replay and Intel will create even more excitement in the fast growing area of sports technology.” ~ OurCrowd Founder & CEO, Jon Medved Back in January, at CES 2016, Intel had announced several sports-oriented collaborations, including Replay Technologies, as a testament to the company’s growing interest in the digitization of sports. Intel states that it is especially excited about how data is re-inventing the way people consume and interact with sports media. Now, Intel is taking the next step in its collaboration with Replay Technologies, stating that: Together, we will scale this new category for sports entertainment that we call immersive sports, which is attracting the attention of leagues, venues, broadcasters and fans. Immersive sports requires the high-performance computing Intel is known for, and it’s also data driven – fueling the continued build out...

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At the heart of the Startup Nation: Technology booming in Israeli R&D labs

From the time of its establishment in 1948, Israel has been at the forefront of agricultural research & development. Since then, the Startup Nation has evolved from an agrarian powerhouse to a hotbed for high-tech companies’ R&D headquarters. Under the pressure of its far larger and often hostile neighbors, Israel and its government began to realize that in order to survive it would need to direct much of its resources toward developing technologies. Just four years later, University R&D hit the Technion Institute, and has since been one of the leading contributors of patents and developments in agriculture, science, medicine, and of course, technology. In 1968, the government elected to establish a national office for a Chief Scientist, often referred to today as Matimop. This department plays an important role in creating the funds for, as well as advising certain R&D projects that have shown their potential. Matimop provides grants to further R&D projects in the areas of communication, electronics, software, and other developments. Israeli R&D Today Since the establishment of this office and the appointment of a chief...

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The Midas Touch: Investing in the future of gesture-based technology

View from the Mountain The physical and digital worlds are converging. The process has occurred over time, caused by the advent of sensors that turn physical events into digital data. The next iteration of convergence is here, and is set to explode onto the market: gesture-based technologies, which interpret and react to human movement. Gesture-tech has taken time to gain mainstream momentum. In 2010, The New York Times summed its history up nicely—it is “one of the most significant changes to human-device interfaces since the mouse appeared next to computers in the early 1980s, but no significant products have gotten much traction.” The lull is now over. The Explosion Gesture-tech’s applications are only limited by imagination. It can be applied to sign language, so the deaf can transcribe their movements into text. It has been applied in rehabilitative medicine, to dictate diagnostic robots interaction with patients. The entertainment industry also stands to benefit. Increasingly complex and realistic video games have been able to leverage the technology to build increasingly human movement in the models and refine artificial intelligence. Gesture-tech can even interpret and respond...

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Israeli companies making their mark on CES 2013

I’m not sure how many of our readers know about Israeli attendance at tech shows. There’s the apocryphal very real story about the planes full of hundreds of Israeli attendees who attend the GSMA — Mobile World Congress every year. While plenty of them are there, Israelis haven’t built a similar, influential presence in the Consumer Electronics Show (CES) held yearly in Las Vegas. That may be changing as Israeli technology makes its way closer and closer to the consumer. Israeli hand gesture firms make impact at CES Two firms, PointGrab and eyeSight used CES to announce major supplier agreements with the likes of Samsung and AMD. Both firms compete in the 2D gesture technology space and with these deals in place, consumers will soon see their tech in mobile devices and tablets. You can read more about these two companies and their technologies in David Shamah’s column. Even CEO of Intel Israel, Mooly Eden was talking up gesture technologies at CES this year. He calls his latest venture “perceptual computing” and believes these technologies will change the nature of...

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