ITGumbo: spicing IT up

The main headlines coming from Israel's hi-tech scene during the week of June 15, 2008 were primarily related to water technology and future investments in Israel. It was announced that Los Angeles joined Israel on water research and Germany-based RWE made a bid for Israel's Negev solar plant. The MSCI index announced that it will be upgrading Israel from an emerging market to a developed one, joining the ranks of the United States and the UK among others. While being considered "developed" sounds nice, Israel will now be vying against these more established economies for funds. Although this was covered extensively in the media around the world (and is covered in it's own section on this list), there were plenty of other Israel technology-related headlines from the past week. Check out the full list of this week's 21 Israel-related technology headlines below:


Cleantech
BP seeks more Israeli cleantech investment

Arison's water venture gets name, launch date

Environmentalists unite against Red-Dead canal

Los Angeles and Israel to cooperate on water research

RWE reportedly makes bid for Negev


Investments (VC)
Neocleus Raises Over $11M in Series B Financing

Get with the consumer program, say Israeli VCs

Tax breaks urged for venture lending cos

Redpoint Gets Some Answers


Investments (Israeli Market)
A worrying look at the future of Israeli hi-tech

Markets slide on financial, oil fears

High-tech industry sees slowdown loom

Tel Aviv Bourse to Stay Independent, Forgo Alliances, CEO Says

Israel, S. Korea Have Emerged


Information Technology
Amdocs and IBM Introduce Unified Data Management Solution

Magic Software Nominated for SYS-CON's "SOA World Magazine Readers' Choice Awards"

ICQ – Ten Years After


Miscellaneous
Israeli telecom start-ups find success in Asian road show

TI in Israel says it "believes in fabs"

Walla! gains on Google

Partner launches video-on-demand service


About the author: Lisa Damast is the Membership Manager of ebizQ.net and currently resides in Israel. Any questions or inquiries regarding this blog or ebizQ membership services can be directed to her via email at ldamast (at) ebizq (dot) net. She can also be followed on Twitter, where she covers additional Israeli technology companies and Israel-related headlines and topics.