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Israel Innovation 2.0

Overview and commentary on the leading factors and people who are making Israel known as a high-tech innovation hub.

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23 Israel-related technology headlines from the week of July 20, 2008

Project Better Place, telecommunications and speculation about the current state and future of Israel's hi-tech industry highlight the technology news related to Israel during the week of July 20, 2008. Both the UK and some fuel companies are mulling joining the electric car company, while telecom company, Amimon announced that it will be working with major electronics corporations to establish a WHDI standard for Wireless HDTV connections. Although, news about Israel's hi-tech industry's "brain drain," isn't new, news about the impact of the strength of the Israeli Shekel vs. the U.S. dollar, the latest crisis are. Companies that created R&D centers in Israel for the benefits of an educated work force that would require less money than their U.S. and Western European equivalents are now freezing their Israeli employees' incomes and outsourcing to Eastern European countries where it is still cheaper. For more on these stories and the rest of this week's 23 Israel-related technology headlines, check the list below.


Cleantech
Fuel cos may join Better Place

UK may join Project Better Place


M&A and Investments
New VC fund seeks TV, movie investments

Breach Security raises $6m

Road safety technology co GreenRoad raises $3m

Agro-biotech start-up Kiima raises $8m

Summary of Israeli High-Tech Company Capital Raising Q2 / H1 2008


Information Technology
SISENSE Upgrades its Business Intelligence Software With a New Release to Support Analysis and Charting on top of CSV, EXCEL 2007, Access 2007 FILES; Beta Available for Free

Company Uncovered: Commtouch

Reimagining computer repair


Internet/Web 2.0
Google as a start-up?

PredictAd Leverages Israeli Partnerships for Global Growth (Israel Media Tour)

American-Israel Chamber of Commerce Announces First U.S.-Israel Web 2.0 Business Exchange: “Empowering the Connected Enterprise”


Telecommunications
Cellcom markets mobile music

Israeli co to launch cellphone-based people finder

Mobixell pioneers technology for cellphone ads

modu selected by AlwaysOn as the Top Mobile Company of AO Global 250

Electronics Heavyweights Work Together on WHDI Technology

Next-Gen Cellphones To Have Israeli Ring


Miscellaneous
Venture IPO drought worst in 30 years

Israel Turns to Outsourcing as the Shekel Soars

Israel neglects its oil fields

Infrastructures Ministry to launch alternative energy center



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.
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