Israel Newsletter News Roundup 9/10/2007
Written by: Zack Miller | September 10, 2007
It’s a holiday-shortened week, so let’s jump right in.
On a macro front, it’s interesting to read that the G-30, an international group established in 1978 and composed of very senior representatives of private, public and academic circles, will be holding their 2008 plenary in Israel. Israel’s own Bank of Israel Governor, Stanley Fischer, will be hosting the group as part of Israel’s 60th anniversary celebrations.
Interesting interview of BigBand Network’s (BBND) CEO, Amir Bassan-Eshkenazi, and how he’s positioning the company to take on Cisco (CSCO). Read last week’s coverage of BigBand and why their positioning in the CMTS market may mean great things as they help determine the future of video delivery.
Google Israel (GOOG) is at it again. Now, they’re expanding into an additional 60m on the 21st floor of the Levinstein Building in Tel Aviv. Read about what IsraelNewsletter thinks is going on at Google Israel here.
Teva (TEVA) gets OK to sell generic version of Protonix. Although the Israeli generic powerhouse won the right to sell a version of Wyeth’s (WYE) Protonix, it may choose to hold off doing so until a full decision comes this Wednesday.
The Butler Group out with a new report saying that many medium- to large-sized ISVs (Independent Software Vendors) would benefit by leveraging Ness Technologies’ (NSTC) Managed Labs Offshore Delivery Model. Working with Ness allows ISVs to continue to beef up and speed up R&D while keeping costs manageable, said Butler. Read the whole report here. Check out IsraelNewsletter’s 4 Reasons to Go Long Ness Technologies as well.
TheStreet.com tries to decipher what’s going on at Medis Technologies (MDTL) through their options action.
Read IsraelNewsletter’s coverage of Blue Square-Israel’s (BSI) new foray into organic and health food.
In spite (because of??) all the M&A hullabaloo regarding ECI’s (ECIL) takeover by the Swarth Group, ECI wins a nice deal with India’s Bharti Airtel. Read what IsraelNewsletter has had to say about the impending ECI deal.
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