Business Development News

Website security co Applicure wins India deal

Sunday, September 12th, 2010

by Globes Correspondent

Applicure Technologies Ltd. said today that the company made a significant sale in India, as a Internet hosting services company bought 15 software licenses for its website protection dotDefender program. The Indian company, Herzliya-based Applicure’s first major customer in India, reviewed the software for three months. The firm in India supplies, among other things, hosting services for large sports websites in India. It had bought one license originally, and now expanded the order. http://www.globes.co.il/serveen/globes/docview.asp?did=1000587828&fid=1725

Posted in Asia, Business Development, Israel, IT / Software, News

WiFi chip co Celeno wins Liberty Global deal

Sunday, September 12th, 2010

by Shmulik Shelah

Wireless communications semiconductor developer Celeno announced a collaboration with cable giant Liberty Global. Celeno will provide wireless home telecommunications processors, as part of a project to offer video over IP to customers’ homes. Liberty Global selected Celeno’s Wi-Fi solution to power its multimedia home gateway product. The deal is expected to last several years, and to generate about $30-40 million per year for Celeno. Celeno may use the current success to carry out another fundraising round. About $30 million has been invested in the company to date, primarily by Greylock Partners, Pitango Venture Capital, and technology company Cisco. http://www.globes.co.il/serveen/globes/docview.asp?did=1000587920&fid=1725

Posted in Business Development, Communications, Israel, News

Israeli defense firms land record deal

Thursday, August 5th, 2010

by Ora Coren

Israeli defense companies have scored one of the biggest deals in the industry’s history: They will be making about $4 billion worth of parts for the next generation of American fighter jets, industry sources told TheMarker. While no official announcement has been made, Israeli defense officials have been talking with the U.S. defense companies involved in the development and production of the F-35 Joint Strike Fighter. The Israeli companies that might be involved in supplying parts include Israel Aerospace Industries, which made the wings for a previous generation of Lockheed jet; Elbit Systems, which makes smart helmets for fighter pilots; Rafael Advanced Defense Systems; and Israel Military Industries. Israel would not only like to be involved in the development and manufacture of the F-35 Joint Strike Fighter. http://www.haaretz.com/print-edition/business/israeli-defense-firms-land-record-deal-making-parts-for-f-35-joint-strike-jets-1.306089

Posted in Business Development, Israel, News

Ultrasound co Applisonix signs development deal with SLI

Monday, August 2nd, 2010

by Globes’ correspondent

Ultrasonic depilatory device developer Applisonix Ltd. has signed a letter of intent with Soft Lines International Ltd. for the development, manufacture, and exclusive marketing of Applisonix’s depilatory device for home use.  The device that we’ll develop with SLI, under the agreement that the parties intend to sign, will be based on Applisonix’s ultrasound technology, will be developed for the home market, and will target a market that experts estimate at billions of dollars.” http://www.globes.co.il/serveen/globes/docview.asp?did=1000578967&fid=1725

Posted in Business Development, Healthcare / Biotech, Medical-tech, News

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