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Valmont buys Israeli ag-tech AI co Prospera for $300m


Valmont buys Israeli ag-tech AI co Prospera for $300m
The Tel Aviv-based company develops intelligent solutions to help farmers grow crops more efficiently.
US agricultural services and irrigation equipment company Valmont Industries Inc. (NYSE: VMI) today announced it has entered into a definitive agreement to acquire Israeli based ag-tech AI company Prospera Technologies for $300 million. The deal is expected to close in the second quarter of 2021.
Prospera was founded in 2014 by CEO Daniel Koppel, Shimon Shpiz, and Raviv Itzhaky and since 2019 has been teaming with Valmont on digital and autonomous farming. The Tel Aviv-based company develops intelligent solutions to help farmers to grow crops more efficiently. The partnership has expanded Prospera s solutions, monitoring five million acres in 2020 against an original estimate of one million, with twice as many growers using the service as compared to 2019. Grower adoption is expected to double in 2021, with greater ....

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Intel head holds meeting with Netanyahu


Intel head holds meeting with Netanyahu
Intel CEO Pat Gelsinger met Prime Minister Benjamin Netanyahu yesterday evening in the prime minister s bureau in Jerusalem.
Intel Corporation CEO Pat Gelsinger met Prime Minister Benjamin Netanyahu yesterday evening in the prime minister s bureau in Jerusalem. Gelsinger is being accompanied in his visit to Israel by six senior managers, two of whom were present in his meeting with Netanyahu: senior vice president at Intel Corporation and president and chief executive officer of Mobileye Amnon Shashua, and Yaniv Garty, who heads Intel Israel and is also a vice president at Intel Corporation. Also at the meeting was Prof. Avi Simhon, head of the National Economic Council, and acting Prime Minister s Office director general Tzahi Braverman. ....

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2021 is shaping up to be a big year for automotive tech


The signs are everywhere
on January 26, 2021, 11:10
12 comments
Highly anticipated: In 2020, Tesla somehow managed to create a stock market valuation as large (or larger, depending on the day) than the next 7 largest carmakers combined, but chalk that up to Wall Street insanity rather than the actual progress of the market. The truth is that car tech adoption has been modest at best, and traditional carmakers are showing signs of life. Plus, we’re still many, many years away from a day when you can walk into an auto dealership and drive away in a fully autonomous car. Despite that plunge through the hype cycle, it really does seem that 2021 is shaping up to be a big year for automotive tech. ....

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Intel Propels The World to 'Go and Do' Something Wonderful at CES 2021


11 December 2020, 2:33 am EST By
Intel is set to unveil its new technology, declaring the time to Go and Do Something Wonderful, at the upcoming CES 2021.
Serving as a world leader in technological solutions, Intel s innovation, scale, and ecosystems have helped meet the needs of a rapidly-evolving world. As a part of the all-virtual Consumer Electronics Show (CES) 2021, Intel will be previewing its latest solution through two news conferences. The tech giant will also be hosting an in-depth technology session from Mobileye.
Below are some of the events to be hosted by Intel at the upcoming virtual CES 2021:
It s Time to Go with Professor Amnon Shashua ....

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