Formula Systems
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Formula Systems
Formula Systems () is a publicly traded holding company headquartered in Or Yehuda, Israel. Through its subsidiaries it operates mainly in the area of information technology. Shares of Formula Systems are traded on the NASDAQ, NASDAQ Global Select Market and on the Tel Aviv Stock Exchange. In 2010 Poland, Polish software maker Asseco acquired a 50.2% stake in the company. History Formula Systems was founded in 1985 by Dan Goldstein and his brother Gad. Dan Goldstein, who had an undergraduate degree in math and computer science and a master's in business management, had been a doctoral student at Tel Aviv University when, in 1981, he decided to leave the academic world and direct his efforts toward the private sector instead. He established a software company, which he called Formula Software Solutions, serving such clients as Egged (company), Egged and Mekorot, and recruited brother Gad Goldstein to work alongside him. Soon the two co-founded Formula Systems, as well as many oth ...
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Dan Goldstein
Dan Goldstein (19 June 1954 – 9 June 2022) was a pioneer of the Israeli software industry. He was the founder of Formula Systems, sold in 2006, and ''Formula Vision Technologies''. Goldstein served as Chairman of the Public Companies Association in Israel. Biography Dan Goldstein was born in Bucharest, Romania. He immigrated to Israel with his family in 1960. After completing his BA in computer science and mathematics and an MA in business administration, he studied for a PhD in mathematics. Business and investment career In 1980, while writing his doctoral thesis on distributed networks, he founded Formula Software Services, providing professional software services to Israeli customers. By 1985 he expanded to other areas such as software products and consulting, and in 1985 he founded Formula Systems (1985) Ltd., as a holding corporation for his software products, services and consulting activities. In 1988 he acquired control of a publicly traded company named "Eichut Compu ...
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Tel Aviv University
Tel Aviv University (TAU) ( he, אוּנִיבֶרְסִיטַת תֵּל אָבִיב, ''Universitat Tel Aviv'') is a public research university in Tel Aviv, Israel. With over 30,000 students, it is the largest university in the country. Located in northwest Tel Aviv, the university is the center of teaching and research of the city, comprising 9 faculties, 17 teaching hospitals, 18 performing arts centers, 27 schools, 106 departments, 340 research centers, and 400 laboratories. Tel Aviv University originated in 1956 when three education units merged to form the university. The original 170-acre campus was expanded and now makes up 220 acres (89 hectares) in Tel Aviv's Ramat Aviv neighborhood. History TAU's origins date back to 1956, when three research institutes: the Tel Aviv School of Law and Economics (established in 1935), the Institute of Natural Sciences (established in 1931), and the Academic Institute of Jewish Studies (established in 1954) – joined to form Tel Aviv ...
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TheMarker
''TheMarker'' ( he, דה-מרקר) is a Hebrew-language daily business newspaper published by the Haaretz group in Israel. ''TheMarker'' was founded in 1999 by journalist and entrepreneur Guy Rolnik along with Haaretz group and U.S.-based investors. Five years after ''TheMarker'' launched, Haaretz newspaper group decided to terminate its long-standing business section and relaunch it as a daily print newspapers called “''TheMarker''”, the brand that was created online. The chief editor of ''TheMarker'' is Sami Peretz. The editor of the monthly magazine is Eytan Avriel. ''TheMarker'' alone has about 250 employees. It operates from ''Haaretz'' newspaper building in Tel Aviv. In 2006 and 2007 ''TheMarker'' and Rolnik won the 2 most important awards in marketing and business strategy for creating ''TheMarker'', turning it into the leading brand in financial media and using an internet brand to launch a print newspaper (see “Awards”). Currently ''TheMarker'' produces a websi ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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Haaretz
''Haaretz'' ( , originally ''Ḥadshot Haaretz'' – , ) is an Israeli newspaper. It was founded in 1918, making it the longest running newspaper currently in print in Israel, and is now published in both Hebrew and English in the Berliner format. The English edition is published and sold together with the ''International New York Times''. Both Hebrew and English editions can be read on the internet. In North America, it is published as a weekly newspaper, combining articles from the Friday edition with a roundup from the rest of the week. It is considered Israel's newspaper of record. It is known for its left-wing and liberal stances on domestic and foreign issues. As of 2022, ''Haaretz'' has the third-largest circulation in Israel. It is widely read by international observers, especially in its English edition, and discussed in the international press. According to the Center for Research Libraries, among Israel's daily newspapers, "''Haaretz'' is considered the most infl ...
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Calcalist
''Calcalist'' ( he, כלכליסט, a Hebrew wordplay on ''The Economist'', from כלכלה) is an Israeli daily business newspaper and website. History and profile ''Calcalist'' was first published on 18 February 2008, and currently runs five days a week, with a weekend supplement included on Thursdays. The paper is published in Israel by the Yedioth Ahronoth Group. The group also publishes ''Yedioth Ahronoth'', the country's most widely circulated newspaper. The founder and publisher is Yoel Esteron, formerly the managing editor for ''Yedioth Ahronoth'', and its editor is Galit Hemi. It is circulated nationwide and its articles feature regularly in the biggest Israeli news website 'Ynet' as well as in the printed edition of Yedioth Ahronoth. The newspaper is divided into four sections: news, daily columns – some regular and some rotating (the rotating columns are marketing, legal, real estate, technology, career, personal finance, automotive and sports), the market – a sepa ...
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Babylon (software)
Babylon is a computer dictionary and translation program developed by the Israeli company Babylon Software Ltd. based in the city of Or Yehuda. The company was established in 1997 by the Israeli entrepreneur Amnon Ovadia. Its IPO took place ten years later. It is considered a part of Israel's Download Valley, a cluster of software companies monetizing "free" software downloads through adware. Babylon includes in-house proprietary dictionaries, as well as community-created dictionaries and glossaries. It is a tool used for translation and conversion of currencies, measurements and time, and for obtaining other contextual information. The program also uses a text-to-speech agent, so users hear the proper pronunciation of words and text. Babylon has developed 36 English-based proprietary dictionaries in 21 languages. In 2008–2009, Babylon reported earnings of 50 million NIS through its collaboration with Google. Between 2010 and 2013, Babylon became infamous for demonstrating que ...
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Walla!
Walla! Communications Ltd. ( he, וואלה! תקשורת בע"מ) is an Israeli internet company headquartered in Tel Aviv and is fully owned by The Jerusalem Post. Until 2020, it was fully owned by Bezeq. Walla!'s web portal provides news, search (powered by Google Search) and e-mail, among other things. It is also one of the first Israeli internet portals, and is considered one of the most popular web sites in the country. , Alexa rankings put it in the top 9 sites by traffic originating in Israel. Its online news outlet Walla! News is one of the major Israeli news websites. The outlet has been accused of biased media reporting in favour of former Prime Minister Benjamin Netanyahu. Employees of the company have been summoned as witnesses in Case 4000, one of the corruption trials involving Netanyahu. History The portal was founded by Erez Pilosof and Gadi Hadar in 1995 as Israel's first online website directory, and soon afterwards acquired by "Mashov Computers Marketing", a ...
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BluePhoenix
BluePhoenix Solutions Ltd. is a publicly traded company, headquartered in Israel, that develops and sells modernization services for legacy information technology systems. Its shares are traded on the NASDAQ Global Market exchange. The company partners with systems integrators like IBM, Microsoft, Oracle and Dell to deliver its software and services. Company BluePhoenix Solutions specializes in the modernization of corporate legacy databases and applications. The firm's automated translation platform serves as a base to provide services for clients updating legacy systems to more modern computing platforms. History BluePhoenix Solutions was founded by Aaron Crystal in 1987 under the name A. Crystal Solutions. Soon afterwards Formula Systems acquired control of the company, while the founder retained some of his shares and continued to serve as the company's CEO until 1996, when its name was changed to Crystal Systems Solutions and it went public on Nasdaq under the leadershi ...
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Nasdaq
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. History 1971–2000 "Nasdaq" was initially an acronym for the National Association of Securities Dealers Automated Quotations. It was founded in 1971 by the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority (FINRA). On February 8, 1971, the Nasdaq stock market began operations as the world's first electronic stock market. At first, it was merely a "quotation system" and did not provide a way to perform electronic trade ...
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