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Loom founders  / Photo: Loom ServiceNow buys Israeli IT solutions co Loom Systems

Loom Systems has developed an AIOps solution for predicting and solving IT problems.

IDF Supply Center  / Imagin: Shapir Shapir, Orian win IDF supply center tender

The consortium will plan, construct, and operate the new supply center for 26 years.

Ishay Davidi FIMI doubles stake in Kamada with $25m investment

FIMI is increasing its stake in the Israel plasma-derived protein therapeutics company from 9% to 21%.

fires in Australia  / Photo: Australian Maritime Safety Authority, Reuters Elbit demonstrates high-altitude aerial firefighting solution

The Hydrop system high-altitude high-precision aerial firefighting system was demonstrated successfully in Israel.

Zehavit Cohen  picture: Tamar Mitzpi Apax mulls splitting and selling Psagot

Apax is planning on splitting Psagot's provident funds from the mutual funds and portfolio management.

Avi Gabbay / Photo: Cadya Levy Avi Gabbay mulls Cellcom merger options

The newly appointed CEO would reportedly prefer to merge with Hot but Golan Telecom and even Partner could also be options.

Alon Ketzef Israeli regulator grants DavidShield insurance co license

The DavidShield-PassportCard group is jointly controlled by founder Alon Ketzef and US insurance company White Mountains.

Gilat headquarters Gilat jumps on acquisition reports

The Israeli satellite networks company's share price is up sharply today on reports it might be acquired at a premium by an international company.

BioNTech  / Photo: PR Clal Biotech boosted by Neon sale

Clal Biotech stands to receive shares worth $2.1 million in German company BioNTech, which is acquiring US company Neon Therapeutics.

Copaxone Teva must return non-MS Copaxone rights to Proneuron

The Supreme Court has upheld a ruling in the Tel Aviv District Court.

Cybersecurity Photo: Shutterstock ASAP Creative Mellanox joins IAI-led cyber consortium

The Israeli Cyber Companies Consortium provides cybersecurity solutions to governments.

Yitzhak Tshuva Tshuva's Elad Group raises NIS 500m bond on TASE

Elad Group handles Tshuva's real estate business in North America.

Shekel Merrill Lynch says go short on shekel

Merrill Lynch's analysts observe that the Bank of Israel is determined to weaken the Israeli currency.

Alfred Akirov Alfred Akirov mulls IPO for Swiss unit

Epic Suisse, which holds commercial centers, offices, and distribution centers, has a NIS 4.3 billion value.

Shekel Photo: ASAP Creative Shekel stronger ahead of December CPI reading

Analysts forecast that the December Consumer Price Index rose 0.1%, leaving inflation in 2019, well below the 1%-3% target range.

LifeBond's product Bard buys Israeli hernia mesh co LifeBond

The US medical device company will pay close to the $60 million that LifeBond has raised from investors.

Anat Gueta ISA recommends moving ahead with digital trading platform

The committee focused on digital platforms for offerings, trading, and clearance of securities using distributed ledger technology.

drug development EU grants BiolineRX treatment orphan drug status

Last year, Motixafortide received Orphan Drug Designation for the treatment of Pancreatic Cancer from the US Food and Drug Administration (FDA).

dollars  picture: Thinkstock IVC-Meitar: Israeli exits rose to $21.7b in 2019

The total value of exits of up to $5 billion in 2019 was the highest ever, with $14.84 billion in 2019, compared with $12.63 billion in 2018.

Yossi Carmil Israeli co Cellebrite buys US co BlackBag for $33m

The company's systems can collect and analyze data from mobile phones for law enforcement agencies.

Doron Gerstel Photo: Eyal Yitzhar Perion buys Content IQ as web goes cookie-less

Perion Network is paying up to $73 million for New York and Tel Aviv-based Content IQ.

Kare Schultz Photo: Shlomi Yosef Teva looks to China

At the JP Morgan Healthcare Conference, Teva CEO Kare Schultz said the company was on target with streamlining and debt reduction, and outlined its strategy for the Chinese market.

Check Point Photo: Reuters Morgan Stanley downgrades Check Point

Analyst Steve Weiss has also cut the Israeli cybersecurity company's target price by 6% from $115 to $106.

Erez Shmul  photo: PR Travel co Talma buys Smartair website ahead of IPO

Completion of the NIS 40 million deal is contingent on Talma's IPO, which aims to raise NIS 150-200 million.

Leopard Main Battle Tank Elbit wins Finnish tank ammunition deal

Elbit Systems unit IMI Systems will provide the Finnish Defense Forces with NATO compliant 120mm High Explosive Multi-Purpose ammunition.

Gideon Tadmor Navitas raises NIS 271m for Shenandoah Project

An investment decision on the oil project in the Gulf of Mexico is expected within the next few months.

San Francisco Harel in fourth San Francisco office building deal

Insurance group Harel has bought 33% of the rights in two buildings in San Francisco's South Financial District.

Rami Levy Photo: Eyal Yitzhar Michael Dell fund sells Rami Levy shares

MSD Capital, the family office of US technology billionaire Michael Dell, sold a 2% stake in the Israeli supermarket chain, leaving it with just over 5%.

Jerusalem underground park and ride lot / Photo: PR Electra to build Jerusalem entrance park and ride lot

The underground park and ride lot beneath Shazar Boulevard will have 1,370 parking spaces.

Eitan Wertheimer  / Photo: Yossi Cohen Wertheimers sell Galilee land for NIS 600m

The Menivim REIT fund has bought three sites in the Tefen industrial zone and land and buildings in Nahariya.

Tel Aviv jam Photo: Eyal Izhar Clal Insurance teams with Allied on new Tel Aviv tower

Clal Insurance will invest NIS 150 million towards the cost of the land and construction of a 34-floor office tower.

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