Israeli Company Develops What Could Be Worlds Smallest Tomato

TechNation: TripleCyber in strategic JV to launch cybersecurity center with Frances GECI ■ Motus GI files for $29 million initial public offering on Wall Street

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Israeli chef Shaul Ben Aderet holds the 'drop tomato' in Tel Aviv, January 4, 2018
Israeli chef Shaul Ben Aderet holds the 'drop tomato' in Tel Aviv, January 4, 2018Credit: Ariel Schalit/AP

Israeli company develops what could be worlds smallest tomato

The drop tomato, about the size of a blueberry, is the smallest one ever cultivated in Israel, perhaps even in the world, says Kedma, the company that developed it. The idea is that it is comfortable, said Ariel Kidron, a Kedma grower. You can throw it in a salad, you dont need to cut it. It just explodes in your mouth. The seed, originally developed in Holland, was modified to match the growing conditions in southern Israel. Rami Golan, of the Central and Northern Arava Research and Development Center, who followed the project, said it was definitely the smallest tomato ever to be grown in Israel. The tiny tomato, smaller in diameter than a one-shekel Israeli coin, is offered in red and yellow varieties and will be presented to the public at a three-day international agricultural fair in Israel later this month. (AP)

TripleCyber in strategic JV to launch cybersecurity center with Frances GECI

TripleCyber, a company formed by three alumni of the Israel Defense Forces intelligence and cybersecurity units, will be setting a security operations center in France as part of a strategic joint venture with the French company GECI international. The SOC will provide big organizations with real-time defense against cyberattacks, backed up by a global center in Israel. The SOC will be the third for the company, which is half owned by the public traded Amanet, and half by its founders led by Chairman Yaacov Haran, but not the last: TriplePlay and GECI hope to launch similar centers in Portugal, Belgium and Luxembourg. The French agreement is the business model for our overseas operations and out ability to generate fast growth, said Haran. Weve identified a growing interest by companies and organizations for innovative and creative cybersecurity services and their willingness to transfer responsibility for addressing the challenge to an outside professional organization. (Eran Azran)

Motus GI files for $29 million initial public offering on Wall Street

Motus GI Holdings, which is developing a medical device to assist with colonoscopy cleaning, filed on Friday with the U.S. Securities and Exchange Commission to raise up to $28.8 million in an initial public offering. The company, based in Tirat Carmel and formed in 2008, plans to trade on the Nasdaq under the symbol MOTS. Its Pure-Vu System, approved by the U.S. Food and Drug Administration-approved, is designed to assist doctors by enabling physicians to clean poorly prepped colons safely and effectively. Colonoscopy is one of the most common medical procedures performed, with some 15 million undertaken in the U.S. annually, but patients typically must be on a liquid diet for at least 24 hours ahead of the procedure and generally must drink as much as four liters of a purgative beforehand. Motus GI was founded by Boris Shtul in the NGT incubator in Nazareth originally with the aim of developing new endoscopy technologies. (TheMarker Staff)

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