A Blow for Israeli Startups? Jeff Pulver Quits PulverMedia

Jeff Pulver announced in his blog that he’s resigning as director of PulverMedia. Here’s a rough translation of Guy Grimland’s article in the Marker:
A Blow for Israeli Startups? Jeff Pulver Announces His Resignation from PulverMedia
Jeff Pulver, one of the biggest name investors in Israeli startups and a well-known figure amongst Israeli entrepreneurs, announced at the [...]

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 [...]