$20M for Provigent in Fourth Round of Financing

Provigent, a leading provider of System-on-a-Chip (SoC) solutions for the broadband wireless transmission market, announced today that it has increased its fourth round of financing to $20 million.
The privately-owned company, which was founded in Israel in 2000 but is now headquartered in the U.S., makes products that “enable system vendors to rapidly develop cost-effective high [...]

Europeans to Use Actelis Ethernet Platform

An Israeli telecommunications start-up has signed deals to provide its Ethernet in the First Mile (EFM) platform to Swiss-based Cyberlink and UK-based Telent Plc. Actelis Networks, which was founded in 1998 in Petach Tikva but is now based in Silicon Valley, is a leading provider of Carrier Ethernet over Copperâ„¢ networking equipment. [...]

Brazilian Optics Giant Buys Civcom for $40M

Not only Microsoft is buying up Israeli start-ups. Brazilian optical network solutions giant Padtec has paid $30-40 million for Civcom, an Israeli pioneer in the development and manufacturing of cost saving optical solutions for communications, test and measurement, and military applications. The move comes on a wave of rapid expansion for Padtec as [...]