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Sapiens International Corporation
Sapiens International Corporation N.V. is a publicly traded company, headquartered in Israel, that develops computer software for the insurance industry. Sapiens' shares are traded on the NASDAQ Capital Market and on the Tel Aviv Stock Exchange. As of July 2022, the company has a market cap of $1.39 billion. History Sapiens grew out of an initiative, dubbed DB1, undertaken by a group of scientists from the Weizmann Institute of Science during the 1970s to develop a novel object-oriented application generator for use with mainframe computers. In 1972, Tsvi Misinai, a graduate of the Technion, started the project. He teamed up with Shai Sole, Shmuel Timor, and Eli Raban. By the late 1970s and early 1980s, the Weizmann team, partnered with a local Israeli company, Advanced Automated Applications (AAA, which was founded by Tuvi Orbach). In 1984, the Weizmann team established its own company, which was later merged with AAA and joined by entrepreneurs Ron Zuckerman and Shaul Sha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shaul Shani
Shaul Shani (; born c. 1955) is an Israeli businessman in the technology industry, and the owner of Swarth Group. Early life Shaul Shani was born circa 1955. He grew up in Kiryat Eliezer, Haifa. His father worked at the Port of Haifa. Career Shani started investing in the 1980s. He founded Oshap Technologies in 1982. It was listed on the NASDAQ three years later, in 1985. By 1999, he sold it to SunGard for US$210 million. He was also a co-founder of Sapiens International Corporation and Tecnomatix, two companies listed on the NASDAQ which he later sold. He founded Global Village Telecom, a Brazilian telecommunications company, in 1999.Secretive Israeli Billionaire Invested In Tech Before It Was Cool ''Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Israeli Companies Quoted On The Nasdaq
Israel had more companies listed in 2012 on the NASDAQ stock exchange than any country outside of the United States and China. As of 2011, some sixty Israeli companies are listed on the Nasdaq. 2000 was the year that saw the most new Israeli listings on the exchange – 33 companies. Through the years, many have been acquired, merged with other companies, privatized, or gone out of business. Since the 1980s, over 250 Israeli companies had an initial public offering on the Nasdaq. As of August 2017, one Israeli company was listed on the NASDAQ-100 index: Check Point Software. List of Israeli companies currently listed on Nasdaq This is a list of Israeli companies currently listed on the NASDAQ electronic stock exchange. List of Israeli companies formerly listed on Nasdaq See also * List of Israeli companies * List of Israeli companies quoted on the ASX * List of multinationals with research and development centres in Israel *Science and technology in Israel * Silicon Wadi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Silicon Wadi
Silicon Wadi (, ) is a region in Israel that serves as one of the global centres for High tech, advanced technology. It spans the Israeli coastal plain, and is cited as among the reasons why, for some, the country has become known as the world's "Start-up Nation, start-up nation" (see science and technology in Israel). The highest concentrations of high-tech industry in the region can be found around Tel Aviv, including small clusters around the cities of Ra'anana, Raʽanana, Petah Tikva, Herzliya, Netanya, Rehovot, and Ness Ziona. Additional clusters of high-tech industry can be found in Haifa and Caesarea (modern town), Caesarea. More recent high-tech establishments have been raised in cities such as Jerusalem and Beersheba, in towns such as Yokneam Illit, and in Airport City (Israel), Airport City. Israel has the third highest number of startups by region and the highest rate of startups per capita in the world. Etymology The term "Silicon Wadi" is a pun-name derived from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
StoneRiver
StoneRiver, Inc. is a vendor and service provider in the insurance technology marketplace, providing Life/Annuity, Property & Casualty (P&C)/Workers’ Compensation, reinsurance, financial and compliance software. The company is wholly owned by Sapiens International Corporation, (NASDAQ and TASE: SPNS), a provider of software for the insurance industry, with a growing presence in the financial services sector. StoneRiver sells products for policy administration, claims, billing, reinsurance administration, agency management, client management, Life automated underwriting, e-applications, and illustrations. The company's financial and compliance offerings encompass software for annual statement preparation, general ledger, financial reporting and payments. Headquartered in Denver, CO, StoneRiver has locations throughout U.S. including California, Colorado, Florida, and Ohio. History In 2017 Sapiens International Corporation acquired StoneRiver from Stone Point Capital and Fiserv. P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poland
Poland, officially the Republic of Poland, is a country in Central Europe. It extends from the Baltic Sea in the north to the Sudetes and Carpathian Mountains in the south, bordered by Lithuania and Russia to the northeast, Belarus and Ukraine to the east, Slovakia and the Czech Republic to the south, and Germany to the west. The territory has a varied landscape, diverse ecosystems, and a temperate climate. Poland is composed of Voivodeships of Poland, sixteen voivodeships and is the fifth most populous member state of the European Union (EU), with over 38 million people, and the List of European countries by area, fifth largest EU country by area, covering . The capital and List of cities and towns in Poland, largest city is Warsaw; other major cities include Kraków, Wrocław, Łódź, Poznań, and Gdańsk. Prehistory and protohistory of Poland, Prehistoric human activity on Polish soil dates to the Lower Paleolithic, with continuous settlement since the end of the Last Gla ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
India
India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since 2023; and, since its independence in 1947, the world's most populous democracy. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is near Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations averag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Property Insurance
Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance, or boiler insurance. Property is insured in two main ways—open perils and named perils. Open perils cover all the causes of loss not specifically excluded in the policy. Common exclusions on open peril policies include damage resulting from earthquakes, floods, nuclear incidents, acts of terrorism, and war. Named perils require the actual cause of loss to be listed in the policy for insurance to be provided. The more common named perils include such damage-causing events as fire, lightning, explosion, cyber-attack, and theft. History Property insurance can be traced to the Great Fire of London, which in 1666 devoured more than 13,000 houses. The devastating effects of the fire converted the development of insurance "from a matter of co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TTI Telecom
TTI Telecom, founded in 1992, is a developer and provider of next generation Operations Support Systems (OSS) to large communications service providers. TTI Telecom is based in Rosh Ha'ayin, Israel and operates subsidiaries in 7 other countries. In August 2010 TTI Telecom was acquired by TEOCO Corporation. History TTI Telecom was incorporated in 1990 and commenced its operations in 1992 as a subsidiary of Team Computers and Systems Ltd., after having operated as a division of Team Computers since 1988. TTI Telecom shares have been traded on the NASDAQ Global Market under the symbol since an initial public offering of a minority stake of its shares in December 1996 when it was still a Team Computers subsidiary. In April 2005, TTI Telecom ceased to be a subsidiary of Team Computers. In 2011, TTI challenged the Indian tax authorities in a case brought before the Indian Income Tax Appellate Tribunal in Mumbai. The court ruled in TTI's favor, ruling that software receipts were no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro
The euro (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 1 euro cent coin, euro cents. The currency is also used officially by the institutions of the European Union, by International status and usage of the euro, four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. The euro is used by 350 million people in Europe and additionally, over 200 million people worldwide use currencies pegged to the euro. It is the second-largest reserve currency as well as the second-most traded currency in the world after the United Sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Year 2000 Problem
The term year 2000 problem, or simply Y2K, refers to potential computer errors related to the Time formatting and storage bugs, formatting and storage of calendar data for dates in and after the year 2000. Many Computer program, programs represented four-digit years with only the final two digits, making the year 2000 indistinguishable from 1900. Computer systems' inability to distinguish dates correctly had the potential to bring down worldwide infrastructures for computer-reliant industries. In the years leading up to the turn of the millennium, the public gradually became aware of the "Y2K scare", and individual companies predicted the global damage caused by the bug would require anything between $400 million and $600 billion to rectify. A lack of clarity regarding the potential dangers of the bug led some to stock up on food, water, and firearms, purchase backup generators, and withdraw large sums of money in anticipation of a computer-induced Global catastrophic risk, ap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
