YouTube 6-minute-video on-line seminar on US-Israel and the Mideast
Video#27: http://bit.ly/2gOEZGx ; entire video-seminar: http://bit.ly/1ze66dS
According to a Bloomberg study: “An examination of foreign capital flow into Israel shows a near tripling from 2005 when the so-called BDS was started…. Israel’s economy is expected to grow 2.8% in 2016, compared with 1.8% for the US and the EU. In 2015, Israel’s industrial high-tech exports rose 13%, from 2014, to $23.7BN…. Israeli startups raised $3.76BN last year from non-Israeli investors, the highest annual amount in a decade…. Foreign investors spent an additional $5.89BN acquiring Israeli start-ups, including a Chinese $510MN purchase of Israel’s Lumenis, followed by a US private equity firm’s $438MN buyout of ClickSoftware Technologies….”
2. Car manufacturing giant, Ford, which is determined to develop a driverless car by 2021, just made its first acquisition in Israel, acquiring SAIPS, a computer vision and machine learning company, for several tens of millions of dollars. General Motors announced the tripling of the personnel in its Israeli research and development center, which has developed a number of technologies, enhancing GM’s competitive edge in the global market. Germany’s Volkswagen, concluded a strategic partnership agreement – involving a $300MN investment – with Israel’s taxi-hailing, delivery and logistics applications start-up, Gett Taxi.
3. According to Cisco’s Chairman, John Chambers: “Israel is truly a startup nation… ahead of every other country in innovation….” Cisco operates four R&D centers in Israel, employing 2,000 people, has acquired 13 Israeli companies, invested $150MN in 30 Israeli startups and $60MN in four Israeli venture capital funds. According to Warren Buffet: “If you’re going to the Middle East to look for oil, you can skip Israel. However, if you’re looking for brains, look no further.”
4. Eric Schmidt, Google’s Executive Chairman, is a frequent investor in Israel’s high-tech via his own private venture capital fund, Innovation Endeavors. Schmidt state: “Israel is the most important high-tech center in the world after the US.” Google established a large engineering and sales operation in Israel.
5. Hewlett-Packard (HP), a personal computers and printers global giant, operates eight research and development centers in Israel. Intel is one of 250 global high tech giants which operate R&D centers in Israel, operating four R&D centers and two manufacturing plants in Israel, invested in 80 Israeli startups.