Deal worth between $350 million to $400 million; Apple also ready to set up processor development center in Israel. Apple Inc. plans to acquire Israeli start-up Anobit Ltd. for $350 million to $400m. The deal comes as Apple is about to set up a processor development center in Israel, although Continue Reading »

Developer of smartphone memory enhancement technology negotiating with American technology giant, with price tag ranging between $400-500 million. If deal materializes, it will be Apple’s first acquisition in Israel Technology giant Apple is putting together the deal for its first acquisition in Israel. Calcalist has learned that Apple is in Continue Reading »

Here are some things we’ll bet you didn’t know about Israel, courtesy of its industry and trade minister, Shalom Simhon. He was in Canada last week promoting trade between our countries and paid a visit to the Toronto Sun’s editorial board. Simhon’s message was Israel has one of the world’s Continue Reading »