Jacada (JCDA) signs another material deal — this time it’s a follow-on deal with Nationwide Insurance. According to the release, “This most recent contract extends the use of the Jacada solution to the Property and Casualty Direct Sales and Service group, to further automate and simplify access to customer, policy and billing information.”
Defense contractor Elbit Systems (ESLT) signed a $20 million deal to supply its Hermes unmanned air vehicles (UAV) to an unnamed European country. The agreement is for air vehicles and ground systems to be delivered in 2009, according to Reuters.
Motorola, a strategic partner of NICE Systems (NICE), announced the receipt of an order on behalf of Denmark’s Interior Ministry. The order is for an integration of NICE Inform, the firm’s multi-media incident information management solution in an effort to consolidate radio-over-IP content from the Danish public safety network.
Speaking of NICE, NICE’s Actimize division also announced a deal with partner Unisys in Singapore which would have Actimize’s transaction surveillance system installed at Singapore’s largest financial institution, DBS. Actimize’s system analyzes transactions and recognizes potentially suspicious patterns across a bank’s product channels. DBS is the first bank in Asia to install such a system on an end-to-end, cross-border, and bank-wide basis.
Globes out today with an article about Project Better Place CEO, Shai Agassi’s recent address to the House of Representative’s Select Committee on Energy Independence and Global Warming. Agassi, an Israeli uber-entreprenuer who had sold his software firm to German software giant SAP, had pretty compelling statitics backing his new venture — a venture focused on developing the infrastructure for mass-market electric cars.
Couple of points from Agassi’s presentation
for the cost of 2 months of oil ($100B), the U.S. could put in place electric car infrastructure to end oil dependence
for the price of 1 year worth of oil ($500B), the U.S. could “creat[e] fully renewable electrical generation sufficient to power all of the nation’s vehicles”
Operating costs for electric cars is about $0.06/mile while traditional combustion engines cost $0.16/mile
You can see the entire webcast that took place last week here. It’s an Interesting discussion and we’ve discussed Agassi’s plans previously on this site. We’ve also interviewed one of his initial investors, Israel Cleantech. Shai’s blog is also a good resource for his plans.
Shai and Co. have made a lot of PR success in Israel and it appears that from a partnership perspective, they are putting the pieces together. Large Israeli investors continue to throw money at cleantech and it appears U.S. investors are also getting bulled up on the project.
Nachum Falek, CFO: AudioCodes (Nasdaq: AUDC) is a telecommunications firm focused entirely on Voice-over Internet Protocol, or VoIP. We create hardware and systems to connect and secure networks. We are leaders in feature richness and voice quality and have been in VoIP for 15 years, an extremely long time for this nascent market. We are a pureplayer in VoIP unlike some of our competitors who still maintain legacy businesses.
At IsraelNewsletter.com, we like to focus on Israeli impact on public markets. Whether it’s the 100+ Israeli companies listed in the U.S., M&A, or strategic partnerships, Israel technology is making its way into the global Fortune 100. While IOI analyst Katsman continues to like G. Willi Foods (WILC) for their leading kosher export business (see what he’s written here), there is more applied Israeli technology to the food industry than the general public realizes.
In today’s Globes, there’s an interesting article about Nestle’s (NSRGY) cooperation with Israeli food company, Osem. Seems the Swiss recognize Israel’s value proposition in various industries as I wrote about Novartis’ recent acknowledgement of Teva’s (TEVA) superiority in the generic pharma field.
uber-entreprenuer who had sold his software firm to German software giant SAP, had pretty compelling statitics backing his new venture — a venture focused on developing the infrastructure for mass-market electric cars.
