Information technology

Information technology

  
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1

Strong recommendation for Nova after financials

Information technology
  Needham & Company has reiterated its "Strong Buy" rating.
  Hillel Koren 03/05/2012
 Nova Measuring Instruments Ltd. (Nasdaq: NVMI ; TASE: NVMI )reported first quarter financial results yesterday, and has received a reiterated "Strong Buy" recommendation from Needham & Company today....
2

Tower teams with female Haredi initiative Rachip

Information technology
  The partnership will provide Tower with external solutions and services to assist its customers with CAD, QA and run-set development.
  Globes correspondent 03/05/2012
 Specialty foundry Tower Semiconductor Ltd. (Nasdaq: TSEM ; TASE: TSEM ), which markets under the name TowerJazz, today said that it is partnering with Rachip. The partnership will provide Tower with ...
3

Teddy Sagi drops sale of social gaming assets to Playtech

Information technology
  Controlling shareholder Teddy Sagi has abandoned plans to sell €95 million worth of social gaming assets and businesses to Playtech.
  Globes correspondent 03/05/2012
 Playtech Cyprus Ltd. (AIM: PTEC ) controlling shareholder Teddy Sagi has abandoned his plans to sell to his own gaming software company €95 million worth of social gaming assets and businesses. Last ...
4

Cloud analytics co Newvem raises $4m

Information technology
  Greylock Partners led the round and investors included former Google CEO Eric Schmidt's Innovation Endeavors.
  Shmulik Shelach 02/05/2012
 Newvem , which enhances cloud usage effectiveness through data analytics, has announced the completion of a $4 million series A financing round. The company's round of funding was led by Greylock with...
5

ECI Telecom fires 200

Information technology
  ECI chairman Rafi Maor says the company is transferring some operations to lower cost regions like India and China.
  Hillel Koren 02/05/2012
 ECI Telecom Ltd. has announced that it is firing 200 employees, half of them in Israel. ECI chairman and acting CEO Rafi Maor said, "The global communications market is undergoing a dramatic change "...
6

Gilat wins follow-on South East Asian deal

Information technology
  Gilat has been selected by a Tier-1 Mobile Network Operator (MNO) in South East Asia to provide its SkyEdge II network for GSM and 3G cellular backhaul.
  Globes correspondent 02/05/2012
 Gilat Satellite Networks Ltd. (Nasdaq: GILT ; TASE: GILT ) announced it has been selected by a Tier-1 Mobile Network Operator (MNO) in South East Asia to provide its SkyEdge II network for GSM and 3G...
7

Amdocs to pay dividend on higher profit, revenue

Information technology
  The billing and business support systems company also raised its earnings per share guidance but lowered revenue guidance.
  Hillel Koren 02/05/2012
 Amdocs Ltd. (NYSE: DOX ) CEO Eli Gelman said the company will pay a dividend after the billing and business support systems company reported revenue and profit growth and higher earnings per share for...
8

Video delivery co Giraffic raises $800,000

Information technology
  The Tel Aviv-based start up did not disclose from whom it received the funding.
  Globes correspondent 01/05/2012
 Video delivery company Giraffic has raised $800,000. The Tel Aviv-based start up did not disclose from whom it received the funding. Giraffic offers online video sites, IPTV and Over-The-Top TV www...
9

Allot Communications to acquire Ortiva Wireless

Information technology
  Allot will integrate Ortiva's video management solutions into a single network intelligence platform.
  Moshe Golan 01/05/2012
 Allot Communications Ltd. (Nasdaq: ALLT ; TASE: ALLT ), which provides service optimization and revenue generation solutions for fixed and mobile data networks, has announced that it has signed a ...
10

Alvarion threatened with Nasdaq delisting

Information technology
  The share price of the 4G wireless broadband solutions company has fallen below $1 for more than 30 business days.
  Fadi Mualem 01/05/2012
 4G wireless broadband solutions company Alvarion Ltd. (Nasdaq: ALVR ; TASE: ALVR ) has announced that it has received a warning letter from Nasdaq threatening that its shares are likely to be delisted...

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