High Tech News

Video synopsis developer BriefCam wins WS Journal award

Monday, September 27th, 2010

by Globes’ corrrespondent

Video synopsis system developer BriefCam, Ltd. said today that is the winner in the physical security category in this year’s Wall Street Journal Technology Innovation Awards. The Wall Street Journal wrote, “Surveillance cameras generate a prodigious amount of video; unfortunately there’s not enough time and manpower to watch it all. The winner in this category, Israel-based BriefCam Ltd., has developed a fresh solution to the problem: Video Synopsis, which enables a viewer to browse a day’s worth of recording in just a few minutes by creating a summary of all the activities captured by a camera.” http://www.globes.co.il/serveen/globes/docview.asp?did=1000590588&fid=1725

Posted in High Tech, News

Lightech acquired for $18.5m by Canadian co

Sunday, September 26th, 2010

by Shmulik Shelah

LED company Lightech Electronic Industries Ltd. has been acquired by Vancouver-based Carmanah Technologies for $18.5 million. Carmanah agreed to buy all Lightech’s outstanding shares. Lightech, based in Lod and founded in 1992 by David Schreiber, designs drivers and transformers for use in LED and halogen lighting which it manufactures in China. http://www.globes.co.il/serveen/globes/docview.asp?did=1000590489&fid=1725

Posted in America, High Tech, Israel, M&A, News

NICE to supply security system to Delhi police

Monday, September 13th, 2010

By Globes’ correspondent

Video and voice transaction analysis firm NICE Systems Ltd. will supply an integrated security system solution to India’s Delhi Police. Indian company HCL Security Ltd., NICE’s strategic partner, is the project’s prime contractor. HCL will implement NICE’s integrated security solution at India’s Delhi Police. NICE will enable Delhi Police with an integrated command, control, coordination and communication center (C4i) solution to meet operational requirements for October’s Commonwealth Games 2010 and beyond. http://www.globes.co.il/serveen/globes/docview.asp?did=1000588198&fid=1725

Posted in Asia, Business Development, High Tech, Israel, News

Google buying Israeli startup: Quiksee

Monday, September 13th, 2010

by Guy Grimland

Quiksee, also known as MentorWave Technologies, allows users to create location-based interactive media content. Its web-based content, the company says, “lets you quickly and easily create stunning virtual tours.” Two investment groups have put $3.5 million into Quiksee, Ofer Hi-Tech and Docor International, while a number of private investment “angels” have also backed the firm. The deal is estimated at $10 million. http://www.haaretz.com/print-edition/business/google-buying-second-israeli-startup-quiksee-1.313483

Posted in High Tech, Israel, M&A, News, USA

« Older Entries