Fortissimo Offers $108 Million Kornit Stake on Nasdaq
Published in Globes on May 16, 2017 The Fortissimo Capital investment fund sold shares in Kornit Digital (Nasdaq: KRNT) for $90 million early this year. The Kornit share has since continued its climb, and Fortissimo is now planning to sell more of its holdings in the company for up to $108 million. Managed by […]
Kornit Digital Flourishes with Amazon Collaboration
CEO Gabi Seligsohn explains what is behind the collaboration, which boosted Kornit Digital’s secondary offering last week Published in Globes on February 16, 2017 A single word spoken by the e-commerce giant Amazon expressing confidence in Israeli company Kornit Digital (Nasdaq:KRNT) solution is enough to help the Israeli company develop one of its growth […]
Solcon Celebrates 40 Years with Product Release
Solcon Industries kicks off its 40th year of providing industry-leading motor controls by releasing the HRVS-DN PowerStart, expanding their iStart offering and deploying new DriveStart capabilities. These new releases enhance Solcon’s global motor soft starter offering across all of the industries they serve. “It’s a very exciting time at Solcon,” said Gil Briman, CEO. […]
Fortissimo Sells Kornit Shares for $90 Million in Nasdaq Secondary
Published in Globes on January 26, 2017 Rosh Haayin-based Kornit Digital (Nasdaq: KRNT) yesterday completed a lightening offering of 7.5 shares at $16.50 per share after the close of Nasdaq trading. Kornit, which develops various types of digital printers for textiles, such as clothing, curtains, and bedcovers, issued two million new shares for $33 […]
Dip-Tech To Launch New Technology at Glasstec 2016
Dip-Tech will unveil its new printers for architecture and automotive applications Unveiling a new era in digital ceramic in-glass printing At the Glasstec show, Dip-Tech will unveil its new printers for architecture/interior design and automotive applications. Based on advanced technology, the new printers take digital ceramic in-glass printing to a new level for quality, […]
MotoRad Receives Award from General Motors
General Motors recognizes MotoRad for its exceptional quality performance Motorad Ltd., a global leader in cooling system products for the automotive industry, has been awarded the General Motors Supplier Quality Excellence Award for Assessment year 2015. Every year, GM globally recognizes supplier partners with exceptional quality performance through the Supplier Quality Excellence Awards. Supplier manufacturing […]
4RF Introduces Breakthrough SCADA Migration Master Station
The MMS, 4RF’s newest breakthrough, removes the major barriers of upgrading an outdated SCADA radio network. During the transition, the MMS works alongside the legacy master station, utilizing the existing infrastructure and frequency assets, thus enabling companies to set-up a high speed Aprisa SR+ radio network in parallel with the legacy network. Communications with both […]
Kornit Digital Takes Textiles Into The Digital Age
Published in Globes on August 18, 2015 Kornit Digital (Nasdaq: KRNT) CEO Gabi Seligsohn has a rather simple, rapid, and accessible way of figuring out how effective his company’s solution is, the need for it, and whether it is catching on. He simply looks at his 16 year-old son, Itamar, who orders his t-shirts on […]
Fortissimo Capital Fund Closes Its Fourth Fund with $470 Million
Fortissimo Capital Fund, a special situations private equity firm based in Israel, announced today the final closing of its fourth fund, Fortissimo Capital Fund IV, L.P., with commitments of $470 million. “We’re very gratified,” said Yuval Cohen, Fortissimo’s founding and managing partner, “that several new large and prestigious investors decided to invest in this fund, […]
Fortissimo Sells Telit Shares for $35 Million
Published in Globes on February 26, 2014 Fortissimo Capital has sold most of its stake in machine-to-machine (M2M) communications mobile modules developer Telit Communications plc (AIM:TCM), less than a year after investing in it. The sale comes after the company’s boosted its market cap 151% over the past 12 months to £200 million. In a […]
