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Samsung Invests in Israel


(Times of Israel) David Shamah - Korean tech giant Samsung will invest $10 million in Israel patient monitoring firm EarlySense. EarlySense developed a system that uses sensors embedded into a mattress or chair cushion to monitor heartbeat, respiration rate, and movement. It operates on the theory that the more a patient moves around in bed, the healthier they are, in general. The data is transferred to a monitoring station, with the system setting off alarms in the event that something appears amiss. Samsung also invested in Rounds, which lets users set up chat groups with friends, allowing any member of the group to communicate with others at the same time, or individually - but with Rounds, users get to see their friends, with the app utilizing not only text, but voice and video as well. Samsung has two Israeli R&D centers, which develop telecommunications products, and do semiconductor work as well.
2015-01-23 00:00:00
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