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IBM Acquires Trusteer, To Open Security Lab In Israel

IBM has signed a definitive agreement to acquire Israel-based computer security company Trusteer. Financial terms were not disclosed. IBM is forming a cybersecurity software lab...

Altair Semiconductor Raises $25M

Israel-based Altair Semiconductor has completed a $25 million round of funding from existing investors Bessemer, BRM, Giza, JVP and Pacific Technology. Oded Melamed (Co-founder and...

Google Buys Social GPS Company Waze

Google has acquired Israel-based community traffic and navigation app company Waze. Google Maps will start incorporating Waze traffic update features, says Google. Waze will...

Israel’s Perion Renews Deal With Google

Israel-based Perion Network has signed a two-year, non-exclusive, renewal with Google, extending the company's eight-year relationship with the search provider. While the terms of the...

Qualcomm Co-Founder Gives $133M To Technion, Cornell University

Dr. Irwin Mark Jacobs, founding chairman and CEO Emeritus of Qualcomm, and his wife Joan Klein Jacobs, have made a $133-million gift to Cornell...