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Elron Electronic Industries Limited


News and Blogs

Total : 6 View more »

Elron Announces Completion of Sale of Its Holdings in Netvision (Business Wire)

finance.yahoo.com | Oct 29, 2009

TEL AVIV, Israel--(BUSINESS WIRE)--Elron Electronic Industries Ltd. (NASDAQ:ELRN - News)(TASE:ELRN) today announced that, further to its announcement on August

http://finance.yahoo.com/news/Elron-Announces-Completion-of-bw-717260105.html?x=0&.v=1

Elron Announces Update in Connection with the Sale of Its Holding in NetVision (Business Wire)

finance.yahoo.com | Oct 22, 2009

TEL AVIV, Israel--(BUSINESS WIRE)--Elron Electronic Industries Ltd. (NASDAQ:ELRN - News)(TASE:ELRN) today announced that, further to its previous announcement on

http://finance.yahoo.com/news/Elron-Announces-Update-in-bw-1248584957.html?x=0&.v=1

Elron Announces Update in Connection with Special General Meeting to Be Held on October 29, 2009 (Business Wire)

finance.yahoo.com | Oct 20, 2009

TEL AVIV, Israel--(BUSINESS WIRE)--Elron Electronic Industries Ltd. (NASDAQ:ELRN - News)(TASE:ELRN) today announced that, further to Elron's previous announcements (1)

http://finance.yahoo.com/news/Elron-Announces-Update-in-bw-3000398128.html?x=0&.v=1

Elron Files Proxy Statement in Connection with Special General Meeting on October 29, 2009 (Business Wire)

finance.yahoo.com | Sep 30, 2009

TEL AVIV, Israel--(BUSINESS WIRE)--Elron Electronic Industries Ltd. (NASDAQ:ELRN - News)(TASE:ELRN) today announced that further to its announcement on September

http://finance.yahoo.com/news/Elron-Files-Proxy-Statement-bw-3277937112.html?x=0&.v=1

 

Elron Electronic Industries (ELRN) Corporate Event Announcement Notice - Zibb.com

Elron Electronic Industries (ELRN)
Expected next earnings release:
Announcement date: 11/12/2009 - Before Market
Earnings Quarter: Q3
Announcement Status: Unconfirmed

Tags: corporate   earnings   market  

Companies: Elron Electronic Industries (ELRN), Elron Electronic Industries, Ltd. (ELRN)

 

Elron Announces Completion of Sale of Its Holdings in Netvision - Zibb.com

Elron Electronic Industries Ltd. (NASDAQ:ELRN)(TASE:ELRN) today announced that, further to its announcement on August 19, 2009 and subsequent announcements in relation to the sale of its holding in NetVision Ltd. ("NetVision") to Discount Investment Corporation Ltd. ("DIC") and Clal Industries and Investments Ltd. ("CII"), the aforementioned sale has been completed today, following approval of the sale earlier today by the shareholders of each of Elron, DIC and Clal.

As a result of the sale, Elron received proceeds of approximately NIS 228.7 million (currently equal to approximately $60.9 million) and will record in the fourth quarter of 2009 a gain of approximately $29 million. The amount of this gain has been determined based on NetVision's shareholder's equity as of June 30, 2009 and is subject to adjustment according to NetVision's shareholder's equity as of the date of completion of the sale which is not yet known.

Elron Electronic Industries Ltd. (TASE & NASDAQ: ELRN), a member of the IDB Holding group, is a high-technology holding company traded in the Nasdaq and in the Tel-Aviv Stock Exchange. Elron's group companies currently comprise a diverse range of publicly-traded and privately held companies primarily in the fields of medical devices, information & communications technology, clean technology and semiconductors. Included in our group companies are well established companies which are leaders in their fields, such as Given Imaging, together with innovative start-ups who possess growth potential in Israel and the rest of the world. For further information, please visit www.elron.com.

SOURCE: Elron Electronic Industries Ltd.

Elron Electronic Industries Ltd. 
Rinat Remler, Vice President & CFO 
Tel. 972-3-6075555 
elron@elron.com 
www.elron.com

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Tags: communications   equity   israel   medical   nasdaq   semiconductors   technology  

Companies: Discount Investment Corp., Ltd. (DCOEF), Elron Electronic Industries (ELRN), Elron Electronic Industries, Ltd. (ELRN)

 

Elron Announces Update in Connection with the Sale of Its Holding in NetVision - Zibb.com

Elron Electronic Industries Ltd. (NASDAQ:ELRN)(TASE:ELRN) today announced that, further to its previous announcement on August 19, 2009 in relation to the sale of its holding in NetVision Ltd. ("NetVision") to Discount Investment Corporation Ltd. ("DIC") and Clal Industries and Investments Ltd. ("CII") and further to other previous announcements in relation to the aforementioned sale, NetVision informed Elron that the consents to the sale, required under NetVision's and its subsidiaries' licenses (including from the Israeli Ministry of Communications), have been obtained and thus, one of the conditions to closing the aforementioned sale has been fulfilled. The completion of the sale is subject to obtaining the respective shareholder approvals of Elron, DIC and CII, as set forth in the sale agreement attached as Exhibit A to Elron's proxy statement filed on August 26, 2009. General Meetings of shareholders are scheduled to take place on October 29, 2009 at which the shareholders of each of Elron, DIC and CII shareholders will be asked to approve the sale.

There is no assurance of the completion of the sale.

Elron Electronic Industries Ltd. (TASE & NASDAQ: ELRN), a member of the IDB Holding group, is a high-technology holding company traded in the Nasdaq and in the Tel-Aviv Stock Exchange. Elron's group companies currently comprise a diverse range of publicly-traded and privately held companies primarily in the fields of medical devices, information & communications technology, clean technology and semiconductors. Included in our group companies are well established companies which are leaders in their fields, such as Given Imaging and 013 NetVision, together with innovative start-up s who possess growth potential in Israel and the rest of the world. For further information, please visit www.elron.com.

SOURCE: Elron Electronic Industries Ltd.

Rinat Remler, Vice President & CFO 
Elron Electronic Industries Ltd. 
Tel. 972-3-6075555 
elron@elron.com 
www.elron.com

Read more...

Tags: communications   israel   licenses   medical   nasdaq   semiconductors   technology  

Companies: Discount Investment Corp., Ltd. (DCOEF), Elron Electronic Industries (ELRN), Elron Electronic Industries, Ltd. (ELRN)

 

Elron Announces Update in Connection with Special General Meeting to Be Held on October 29, 2009 -

Elron Electronic Industries Ltd. (NASDAQ:ELRN)(TASE:ELRN) today announced that, further to Elron's previous announcements (1) on September 29, 2009, publishing proxy materials in connection with its Special General Meeting of shareholders scheduled to take place at 10:30am on October 29, 2009 at which shareholders will be asked to approve the sale of the Company's holding in NetVision Ltd. ("NetVision") to Discount Investment Corporation Ltd. and Clal Industries and Investments Ltd. and (2) on September 23, 2009 stating that NetVision announced that it is in very preliminary stages of examining possibilities of a business combination with Cellcom Israel Ltd., Elron has received certain supplemental information.

According to a supplemental report received on October 19, 2009, from the independent appraiser, Kesselman Finance PricewaterhouseCoopers Ltd., which provided a valuation of NetVision in connection with the proposed transaction, and a clarification received on October 20, 2009, from the independent expert, Deloitte Economic Consulting Services (1986) Ltd., which provided a fairness opinion with respect to the transaction price, the conclusions set forth in each of the said valuation and fairness opinion remain unchanged. A brief summary of the valuation and the complete fairness opinion were attached to Elron's proxy materials filed with the U.S. Securities and Exchange Commission and the Israeli Securities Authority on August 26, 2009. The aforementioned supplemental report and clarification will be filed under Form 6-K with the U.S. Securities and Exchange Commission and will be made available on the U.S. Securities and Exchange Commission's website at http://www.sec.gov and a corresponding filing will be made with the Israel Securities Authority and made available on the Israel Securities Authority's website at http://www.magna.isa.gov.il.

Elron Electronic Industries Ltd. (TASE & NASDAQ: ELRN), a member of the IDB Holding group, is a high-technology holding company traded in the Nasdaq and in the Tel-Aviv Stock Exchange. Elron's group companies currently comprise a diverse range of publicly-traded and privately held companies primarily in the fields of medical devices, information & communications technology, clean technology and semiconductors. Included in our group companies are well established companies which are leaders in their fields, such as Given Imaging and 013 NetVision, together with innovative start-up s who possess growth potential in Israel and the rest of the world. For further information, please visit www.elron.com.

www.elron.com

SOURCE: Elron Electronic Industries Ltd.

Elron Electronic Industries Ltd. 
Rinat Remler, Vice President & CFO 
Tel. 972-3-6075555 
elron@elron.com

Read more...

Tags: business   communications   finance   israel   medical   nasdaq   publishing   securities   semiconductors   technology  

Companies: Discount Investment Corp., Ltd. (DCOEF), Elron Electronic Industries (ELRN), Elron Electronic Industries, Ltd. (ELRN)

 

Web Sites

Total : 7 View more »

Camtek - Intelligent Imaging - Corporate Profile

We design, develop, manufacture and market automated optical inspection, or AOI, systems and related products. AOI systems are computerized systems that optically inspect various types of electronic product components for defects caused during the manufacturing process.

http://www.camtek.co.il/php/content/view/53/233/

Elron Electronic Industries (ELRN) News - Company News and Press Releases

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http://www.investorguide.com/stock-news.cgi?ticker=ELRN

ELRON ELECTRONIC IND. LTD. - Analyst News | newratings.com

Copyright © 2002 - 2008 newratings.com GmbH | Legal | Licensing Quote data provided by IS.eFinance Solutions (powered by IS.Teledata AG) using StandardPoor's ComStock Inc. and others. Delay times are 15 mins for European exchanges and NASDAQ, 20 mins for NYSE and AMEX.

http://www.newratings.com/headlines/ELRON-ELECTRONIC-IND--LTD-_IL0007490779.html

Elron Electronic Industries Ltd. - Company Profile - Computer Business Review

** NEW FEATURE ** Sign-up for NewsAlerts on Elron Electronic Industries Ltd. so that whenever news breaks on this company you are amongst the first to know. Click here...

http://www.computerbusinessreview.com/companyprofile.asp?guid=FBA26B10-A1B8-4B2A-8AF6-B95B513C6D50&alpha=e

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Elron Electronic Industries Limited (ELRN) Company Profile ...

www.corporateinformation.com

Elron Electronic Industries Limited. The Group's principal activity is the holding in various companies engaged in the fields of communications, software products, advanced defence ...

http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C376CR100

Elron Electronic Industries Limited Company Profile - ELRN ISRAEL ...

wrightreports.ecnext.com

Elron Electronic Industries Limited. The Group's principal activity is the holding in various companies engaged in the fields of communications, software products, advanced defence ...

http://wrightreports.ecnext.com/coms2/reportdesc_COMPANY_C376CR100

Elron Electronic Industries Ltd. | Investment Capital for Israel's ...

elron.com

Hitech holding company with strategic equity investments in medical device, semiconductor, advanced materials and ICT ventures in Israel.

http://elron.com/

Israel Stock Market and Economy: Quotes, News, Resources for ...

www.site-by-site.com

[ Site-By-Site! ] International Investment Portal & Research Center Daily Market Data · News · Economics · Research · Analysis & Commentary

http://www.site-by-site.com/europe/israel/astock.htm