Deal signals shift in medical device industry toward more cost-effective procedures to tackle declining patient volumes.
Company’s share dropped 3.5% in trading on the Tel Aviv Stock Exchange on Sunday, while the rest of the market gained between 0.3 and 1%.
Pesek Zman candy bars cost more than twice as much in Israel as they do in New Jersey, despite the expenses involved in export and shipping.
Anobit's chip is responsible for making gadgets faster - it enhances flash drive performance through signal processing.
Based on financial figures revealed in The Wall Street Journal, it seems the company is well suited to making a public offering. Its revenues in the second quarter of 2011 amounted to about $50 million.
The proposed deal has been brought before Russian President Dmitry Medvedev, who is expected to give his blessing.
Worklight's technology enables application programmers to create, in one single process, an application that will work with a range of devices without having to rewrite the application for each platform.
Investment in startup will be Goldman Sachs's second recent such move with ties to an Israeli company.
Prime Minister Benjamin Netanyahu announced the creation of HQ in May, but the Defense Ministry is refusing to transfer money to it, claiming the Finance Ministry has hinted that it won't be compensated for doing so.
Israel Police website announced hit on same day as Tel Aviv Stock Exchange and El Al websites were targeted.