Dell Technologies (Nasdaq: DELL), in its mission to further expand into the cloud services business, announced last week the acquisition of Cloudify, the Israeli startup that has developed a platform for cloud orchestration and infrastructure automation. Though the...
Tesla (NASDAQ: TSLA), an American manufacturer of electric vehicles, is preparing for expansion in Israel. According to sources with knowledge of the situation, the company recently signed a long term lease for a large service and sales centre in the city of Netanya....
Playtika (Nasdaq: PLTK), an Israeli mobile games developer, announced on Thursday that it made an improved offer of €690 million to the Board of Directors of Rovio Entertainment Corporation, the creator of Angry Birds, to acquire the company for €9.05 per share in...
Ormat Technologies and PT Medco Power Indonesia have signed a $100 million financing deal with an Indonesian bank for the development of the Ijen Geothermal Power Plant through a jointly owned subsidiary in which Ormat Technologies would own 49% of the equity. Ormat...
Elbit Systems Ltd. (TASE:ESLT; Nasdaq: ESLT) was awarded a $410M framework contract to supply up to seven Watchkeeper X tactical unmanned aircraft systems to the Romanian Ministry of Defence. The Israeli company will shift portions of the system's production,...
Israel’s Mobileye (NASDAQ: MBLY) continues its strong performance on Nasdaq since its return to the U.S. stock exchange in October. The company’s shares jumped during trading hours after it announced better than expected financial results for the third quarter. In...
Bank Leumi delivered another strong quarterly report. The bank continues to benefit from the rising interest rate environment as the Bank of Israel is determined to bring inflation under control. Leumi's net profit rose by almost 15% to NIS 1.78B compared to NIS 1.55B...
Enlight Energy (TASE: ENLT), the Israeli renewable energy company, reported strong financial results for Q3, 2022. The company made NIS 64M profit in the reported period compared to NIS 2M in the corresponding quarter of 2021. The rise in profitability was a result of...
Israeli oil and gas company NewMed Energy turned a profit in the third quarter, thanks to record sales from its Leviathan gas field and increased gas prices due to the war in Ukraine. NewMed reported a net $123 million profit in Q3, compared to a $50 million loss the...
The Israeli multinational high-tech firm Elbit Systems (TASE: ESLT) which operates in defence sector, has been awarded a contract worth around $200 million to deliver electronic warfare and airborne laser technologies to safeguard the military helicopters of a country...