Archive for the ‘Media-Telecommunication’ Category

Startup Stud Ori Allon And Knicks Star Amare Stoudemire Buy Israel Basketball Team


Ori Allon has been a fan of Israel’s Hapoel Jerusalem basketball team since he was 12. So when New York Knicks star Amare Stoudemire asked if he was interested in owning their home-town team, Allon jumped at the chance.Allon is well-known in the tech world as an engineer with a Midas touch. He sold his […]

Leviev sells Russian language cable station for $6.5m


Lev Leviev and Africa-Israel have sold their stake in Vash Telekanal to their partner Alexander Levin. Lev Leviev is selling Israel’s Russian language cable station, Channel 9 to his partner Alexander Levin. Africa-Israel Investments Ltd. (TASE:AFIL), which he controls, today notified the Tel Aviv Stock Exchange (TASE) that it and Leviev have sold their 48% stake in […]

Lockheed Martin opening branch in Israël


Lockheed Martin is opening a technology center in Israel to help build a new center for Israeli military intelligence in the Negev. The U.S. aerospace defense giant established a joint venture with Israel’s Bynet Data Communications to build the Israeli Defense Forces’ center, known as Project 5/9. The contract is worth about $210 million, according to Israel’s […]

Viaeuropa wins deal for high-speed Israeli fibre optic network


(Reuters) – A group led by Sweden’s Viaeuropa has been chosen to build a super-fast Internet network across Israel that will compete with existing phone and cable companies.

Cellcom Israel Announces Change of Chief Financial Officer


Cellcom Israel Ltd. (CEL) (CEL.TA) (hereinafter: the « Company »), announced today that Mr. Yaacov Heen notified the Company of his resignation from office as the Company’s CFO, effective September 17, 2013, following the successful completion of theCellcom Netvision operational merger and after 16 gratifying years with the Company in various positions.

Report: Israeli start-up to turn down $1 billion acquisition by Facebook

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Israeli start-up Waze, which provides a real-time navigation and traffic report app for smartphones, is reportedly set to turn down a $1 billion dollar acquisition bid by Facebook in order to keep its team in Israel.

Google eyes Waze as Facebook circles hot Web maps property


SAN FRANCISCO: Google Inc is in talks to buy Waze, an Israeli mapping start-up that has held discussions with several large technology companies, two sources familiar with the matter told Reuters on Friday.

Bezeq Gains Most Since September After Earnings: Tel Aviv Mover

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Bezeq Israeli Telecommunication Corp. (BEZQ) gained the most in more than seven months as the fixed-line and wireless services provider reported earnings that beat Bank Leumi Le-Israel Ltd.’s estimates.