JTA NEWS
27 November 2014 - 5 Kislev 5775 - ה' כסלו ה' אלפים תשע"ה
JTA NEWS :
Business
Bezeq sets up presence in Hong Kong E-mail

Israel’s leading Internet and international telecom provider, Bezeq International (BI) announced the company’s first footprint in East Asia.

The company has chosen to establish a PoP (Point of Presence) in Hong Kong to serve its global customers, seeking for data communication services between Israel and East Asia.

Bezeq International’s PoP is located at Equinix Data Center, which operates top advanced data centres around the world. The site is connected to more than 50 different network providers, enabling Bezeq International to connect to dozens of international operators easily and efficiently.

Prior to the establishment of the Hong Kong PoP, traffic between Israel and Far East relied on the company’s interconnection PoPs in Europe.

Nissan Arie, VP of Global Business division at Bezeq International says: “Establishing a new PoP in East Asia, which is connected to BI’s Global Network, allows us to offer our customers international connectivity to East Asia and an Internet connection based on a direct connection, with low latency and improved performance.”

Equinix site is manned 24/7 and ensures expert support team on site along with its well-known top operational reliability.

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Matrix sets up Nanjing centre to expand its operations in China E-mail

Matrix, one of Israel’s leading IT companies is expanding its operations in China and has launched a new training centre facility in Nanjing one of China’s leading software cities.

The centre in cooperation with PTL Group and the Nanjing Quality & Inspection Center, will provide training services to over 500 Chinese IT companies based in the city. The new centre will be called ‘China Israel NQI & John Bryce International joint training Center’. The city’s software industry employs 400,000 people, out of 8 million citizens. The new centre will also be used by Matrix Global as a platform to offer QA services for Chinese software customers.

In attendance at an inauguration ceremony to launch the new centre was Vice Mayor Luo Qun. Other participants included; Moty Gutman, CEO of Matrix, Eran Lasser, CEO Matrix Global and co-CEO of John Bryce Hi-tech College, Yoav Chernitz, CEO Matrix Global and Zvi Shalgo, CEO of PTL Group. The PTL Group is an investment and management Chinese-based company owned by Israeli shareholders, serving as a partner to Matrix Global and John Bryce in China.

The new centre in Nanjing is yet another milestone for Matrix. The company ventured into China over six years ago. Matrix started with establishing John Bryce Colleges in Shanghai and Beijing and today serves international clients such as Intel, SAP, EMC, Autodesk and Adobe. In addition to some of the leading Chinese corporations including China Mobile, ZTE.

To date, John Bryce China has trained over 8,000 senior high tech engineers. A year ago, Matrix Global and PTL Group launched a development centre for mobile apps in the city of Changzhou, employing 50 highly skilled Chinese engineers who have graduated after 7 months of intensive training.

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Teva to allow Takeda to market rasagline tablets E-mail

Teva Pharmaceutical Industries Ltd and Takeda Pharmaceutical Company have signed an agreement allowing Takeda to commercialise Teva’s innovative treatment for Parkinson’s disease in Japan.

Developed by Teva, rasagiline tablets are approved in over 40 countries for the treatment of Parkinson’s disease. Under the terms of the agreement, Takeda will develop rasagiline tablets for the Japanese market and submit a New Drug Application for registration of the product in Japan.

Rasagiline is a monoamine oxidase B (MAO-B) inhibitor which is presumed to act by increasing available synaptic dopamine in the brain which may improve the motor symptoms characteristic of Parkinson’s disease.

Both companies also announced an agreement in December 2013, to develop glatiramer acetate for the treatment of multiple sclerosis.

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Hong Kong Science Park a good base for start-ups to grow E-mail

Competition around the world for small start-ups to establish a location has always been challenging especially in Asia. The region is highly geared to providing the most competitive resources. One Israeli start up company Made In Sense, founded by entrepreneur Gilad Reshef decided to base itself in Hong Kong. It is a member company of the Incu-Tech programme at Hong Kong Science and Technology Parks (HKSTP).

Since founding Made In Sense two years ago, Reshef is leading the development of a wearable smartphone companion device that will set a new benchmark for hyper-personal interaction with smartphones.

Reshef previously worked for over 10 years at DSP Group in diverse positions including IT, product development and sales and marketing. He relocated in 2010 to Hong Kong to join DSP Group SEA Sales and Marketing innovation team.

Reshef who studied law at university and from an early age was fascinated by how technology has been changing lives with technology interaction.

“Our product will revolutionise the way we communicate. Today, we mainly use a smartphone, which is great, but having to look at a screen, and use a touch pad, is not suitable for the rich variety of activities that compose our lives; e.g., walking or driving,” noted Reshef.

“Our wearable accessory for smart devices gives the users a radically new and unique interactive experience based on our “Body Language” (Motion, Touch, and tactile). We’ve already shifted from the PC to the smartphone, and this will be the next step of user interface,” commented Reshef.

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Israeli-Chinese firm listed on Shanghai Stock Exchange E-mail

Wafer Level Chip Scale Package (WLCSP), a portfolio company of Israel’s Infinity Group, became the first company with a foreign co-founder to go public in China when it debuted on the Shanghai Stock Exchange in February.

Before the IPO, Israeli shareholders controlled some 38% of WLCSP, whose founding investors were Infinity and China’s CVSC. WLCSP was established when, in 2005, Infinity bought semiconductor technology from Shellcase (today EIPAT) of Jerusalem and brought it to China. Infinity Group Founder and Managing Partner Amir Gal-Or and Infinity Group Managing Director, finance, Ariel Poppel, are members of WLCSP’s Board of Directors.

“We are honoured to be the co-founders of a great company which is also a symbol of China-Israel cooperation. We are witnessing several important firsts today. WLCSP is the first company with foreign cofounders, to have gone public in China. WLCSP is amongst the first fifty companies in a long while to be approved for listing on a Chinese stock exchange and the first IPO in the Chinese Year of the Horse. And, we are exceptionally proud that WLCSP is the first company based on Israeli technology to go public in China,” said Gal-Or, who initiated and led the company.

Arnon Perlman, Consul General of the Consulate General of Israel in Shanghai, said, “This is an historic moment for the Israel-China relationship. We are proud and looking forward to more R&D cooperation in Israel.”

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