JNS.Org—Microsoft, the software program giant, has acquired the Israeli computer company Cloudyn for an anticipated $50-$70 million, barely a decrease from the original estimates. At the same time, Israel Hayom first announced the planned acquisition in April.
RDC, an investment company co-owned by the Elron and Rafael agencies, invested in Cloud in its early tiers. It is anticipated to get more than $17 million from the Microsoft deal. According to a word Elron sent to traders, this accommodates a net return at the funding of about $6 million.
Cloudyn provides automated cloud tracking, analytics, and optimization services. Ari Bronshtein, a director of RDC and CEO of Elron, said Thursday he is “proud of [Cloudyn] and its achievement. We invested in the business enterprise at its founding degrees with three marketers and a plan because we believed in them, inside the idea, and its ability to help.”
“One of Cloudyn’s precise features is the reality that the employer espoused employment variety, and this is a fantastic example of how to put in force variety employment in Israeli excessive-tech,” he stated.
The Cloudy deal comes several months after Intel received Mobileye for $15 billion in the largest-ever acquisition of an Israeli technology enterprise.
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Like many silly patents earlier than it, this month’s silly patent claims the concept of using a computer for fundamental calculations. U.S. Patent No. 6,817,863 (the ’863 patent) is titled “Computer software, technique, and machine for monitoring vitamin content of consumables and facilitating menu planning.” It claims the technique of using a computer to listen to information about nutrients like calorie or vitamin intake. It is hard to think of an extra primary and trivial use for a PC.
Dynamic Nutrition Information, LLC, a patent troll, owns the ’863 patent. This month, dynamic Nutrition filed a lawsuit in the Eastern District of Texas, accusing Australian business enterprise Fatsecret of infringing the ’863 patent. Dynamic Nutrition had filed four different proceedings. Consistent with a sample of nuisance litigation, each in advance fits settled in no time.
What “invention” does the ’863 patent purport to cover? Claim 1 of the patent is reproduced in complete underneath (with feedback in brackets):
A laptop application comprising an aggregate of code segments stored in a PC-readable memory and executable by a processor to provide nutrition content material facts associated with consumables, the PC application includes:
A code section is operable to receive and save an entry related to the consumption of consumables and to accompany the input with a calendar [sic] date [I., E. Program a computer to track daily food intake], and
a code segment operable to generate an interactive display, wherein the interactive show screen includes— [i., E. Include some user interface]
one or more lists of consumables and related nutrient content records, and [I., E. List food options and nutrition information]
a summary phase of past consumption of consumables. [i., E. List past food intake]
In other words, a laptop application that assists humans in keeping track of food and calorie or vitamin intake.
The software for Dynamic Nutrition’s patent was filed on June eleven, 2001. By that time, computer systems had been around for decades. There was nothing remotely sudden or modern about programming a PC to keep the song of statistics—whether or not it’s nutrition information, devices shipped, bills receivable, or something. Nevertheless, the Patent Office uses an exceedingly inflexible method to determine whether a patent application is apparent. This way, companies often get patents on common experience ideas (like taking pix against white heritage or filming a yoga magnificence).
