VMWare Snatches B-Hive, Opens R&D Center in Israel

VMware (NYSE: VMW), the leading developer of virtualization solutions, has announced the acquisition of Israeli start-up B-hive Networks for an undisclosed sum. Industry experts estimate the price range at tens of millions.  Following the merger in Q3 of 2008, VMWare plans to open an R&D center in Israel, based initially on B-Hive’s facilities and team [...]

Bitesize Monday: 5 Israeli Companies Get Cash Injections

Ben Gurion once said: “In Israel, in order to be a realist you must believe in miracles”. Boy was he right. Ehud Olmert’s entanglement in what seems to be a deep bribery case, is the sixth investigation opened against Israel’s prime minister since 2006. Opponents of the Kadima party are demanding Olmert’s resignation, which might [...]

The land of milk and honey: Ten Israeli companies annouce rounds in less than two weeks

Tonight was the Oscar night, but Hollywood stars are not the only ones getting the attention. No less than eight rounds were raised by Israeli companies in the last couple of weeks, totaling over $72 million.
What are the reasons for so many announcements in such a short time? Is it newly raised funds, such [...]

Reuters buys Israeli start-up ClearForest

ClearForest has developed text analysis solutions for business intelligence applications.Globes and Haaretz reported that Reuters Group has acquired Israeli text analysis technology developer ClearForest Ltd. for about $25 million. The companies announced the deal today, before trading began on Nasdaq.ClearForest was founded in 1998 by chairman and chief scientist Dr. Ronen Feldman and CTO [...]

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