Will Anobit be Apple’s R&D Center in Israel?

Apple is in talks to acquire Israeli flash maker Anobit for a rumored $400-$500 million, according to a report by Calcalist. This would be Apple’s first acquisition in Israel and if completed, Anobit and its 200 employees in Herzliya will become Apple’s R&D center in Israel.

Bitesize Tuesday: Fifty one, Provigent and Time to Know

# 80 schools in New York are testing Time to Know’s computer-based curriculum in the class room as part of a $7.2 million project – http://goo.gl/TAFp
# Fabless semiconductor company Provigent is named the most promising startup in Israel by Globes and E&Y – The company had $25 million revenue in 2009 and expects $40 million in sales this year

Investors Believe In Iamba Networks, Add $7 Million Investment

Iamba networks has secured a $7 million round from previous investors Pitango Venture Capital, Cedar Fund, Giza Venture Fund and UK-based Kreos Capital. The company develops chips for telecommunications, specifically Gigabit Passive Optical Networking (GPON), a technology that aims to replace DSL. I admittedly don’t know too much about this technology, so I did some …

Israeli VC’s Invest $4.25M in US Based Proficiency

Israel’s Catalyst Investment, along with Carmel Ventures and Pitango Venture Capital have invested $4.25M in Boston-based Proficiency, a “leading developer of solutions that enable manufacturers and their suppliers to extract and share product knowledge from diverse engineering and manufacturing environments.” According to Yair Shamir, CEO of Catalyst, “Proficieny has revolutionized the way people view their …

Signs of a tide: two Israeli venture funds raise capital

It’s not very often that two Israeli venture funds complete closing for additional funds, but after all it shouldn’t surprise anyone. Israel has been ranked among the four most preferred global target markets for US venture capital funds and earmarked for high-quality deal flow, according to a global survey by accounting and consultancy firm Deloitte …

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