Yozma Venture Capital is in advanced talks to sell its remaining 7% stake in Internet tool company Conduit Ltd. to a leading investment bank for $100 million, three weeks after selling 2% of the company. The foreign bank is reportedly JPMorgan Chase & Co. (NYSE: JPM). The deal gives Conduit a market cap of $1.3 billion.
2.Brainsway in breakthrough for depression treatment
3.Tourism hits all-time high
The Central Bureau of Statistics reported today that there were 752,000 tourist entries during the first quarter of 2012, an all-time high.
COMMENT: The headline says it all....Even the activists prefer Israel to Syria.
4.Druze professor appointed ambassador to New Zealand
Foreign Minister Avigdor Lieberman has appointed Druze Professor for Hebrew Literature Naim Araidi as Israel's ambassador to New Zealand, Yedioth Ahronoth reported Sunday. This is the first time a member of the Druze community is appointed an ambassador in a political appointment.
5.Israeli students win int'l robotics competition
A team from the Savionim middle school in Yahud-Monosson on Sunday won first place in the First Lego League International Robotics Competition which was held in Orlando Florida. The Israeli team which calls itself "The Pink Eagles" and includes three boys and two girls, came out victorious against 64 teams from around the world. Read more http://www.ynetnews.com/articles/0,7340,L-4226084,00.html
6.Israeli innovation saves Romanian girl's life
After doctors in Romania gave up and declared there was no chance to cure a local seven year old girl, her mother was advised to go to Israel to treat the rare genetic flaw, which prevented her daughter’s body from producing blood cells. The gamble paid off and saved her daughter’s life. Read more http://www.ynetnews.com/articles/0,7340,L-4228036,00.html
7.Elbit Systems wins $160m contract in Europe
Elbit Systems Ltd. announced today that it has been awarded a contract worth approximately $160 million by a European customer, which it did not name, to supply unmanned aircraft systems (UAS). The systems will be supplied over the next two years. Elbit Systems president and CEO Joseph (Yossi) Ackerman said, "More and more customers worldwide have come to the conclusion that Elbit Systems' UAS are the ultimate solution for their operational needs, following years of extensive operational experience accumulated in service with the Israeli Defense Forces, as well as additional world leading armed forces for their Air, Land and Special Forces."
I don't know the key to success, but the key to failure is trying to please everybody - Bill Cosby
