Dr. Amit Goffer, the founder, President and CTO of Rewalk will retire November 18 and will not seek reelection to the Board of Directors.
Kaminario reduces cost of all-flash primary storage array drops to under $1/GB
Kaminario announced it K2 v5.5 all-flash primary storage array, that according to reports inSys-Con Media, drops the average cost of usable storage to under $1/GB and introduces deployment of 3D TLC drive
Mellanox to participate in demonstration of large cloud solution at the London SIGCOMM conference
According to Market Watch, Mellanox Technologies just announced that it will participate in the conference. The demonstration will include Mellanox Open Ethernet switch solutions, and the Open Compute Project (OCP) Switch Abstraction Interface (SAI) software.
EZchip wins deals to supply chips directly to cloud data centers
BloombergBusiness reported on August 16 that EZchip Semiconductor won its first deals to supply chips to cloud data centers in Q2 of this year. According to the report, selling the chips directly to technology giants like Google and Facebook represent a new market for EZchip, allowing it to skip intermediaries like Cisco.
TerraLab Ventures Announces EmekTech Meetings
EmekTech is a tech and entrepreneurship meetup group that will meet ~ once a month, in order to share ideas, network and be inspired by great speakers and inventors in our very own Emek Yizrael.
The events are free of charge and all are welcome, from the hi-tech park, your friends, colleagues, family and anyone who loves innovation. We already have our first meetup planned for Sep 6th, you can find more details in our meetup group – EmekTech - http://www.meetup.com/EmekTech/
Lumenis listed among Stock Transcript's "Hot Stocks"
Stock Transcript listed Lumenis as one of the "Hot Stocks" as a result of its shareholders approving the proposed merger with XIO.
EZchip: Q2 Revenues Increase 28% Year-Over-Year To $28.3 Million
On August 12, EZchip announced its Q2 financial results. Among the highlights were an increase of more than 28% in total revenues compared to the same quarter last year.
Lumenis shareholders approve merger with XIO Fund I LP
Nasdaq GlobeNewswire reported that Lumenis Ltd. announced that the shareholders of Lumenis approved merger proposal at a special shareholders meeting held on August 3. According to the merger proposal Lumenis will become a wholly-owned subsidiary of an Israeli company that is, indirectly, wholly- owned by XIO Fund I LP. The merger with XIO is expected to close in September 2015.
Rewalk Reports Q2 Financial Results
On August 6, Rewalk Robotics announced its financial results. Among the highlights were an increase of more than 20% in total revenues compared to the same quarter last year.
ReWalk 6.0 Launched July 14
This 6th generation exoskeleton offers people with spinal cord injuries the fastest walking speed, most natural gait, and the most precise fit of any exoskeleton