Israel – a Global Leader in Bio-Tech and Defense Products

June 17, 2013 11:26 am 1 comment

The logo for the Israeli-developed navigation application Waze, which could help give Google a social network to rival Facebook, writes Ilan Gattegno. Photo: Waze.

1.  Google is acquiring Israel’s Waze for $1.1BN.  Microsoft controls 10% of Waze. Google acquired, in 2012, two Israeli start ups for $25MN (Globes Business Daily, June 10, 11, 2013).  China’s Fusson acquired Israel’s Alma Lasers for $221MN (Globes, May 29).  Singapore’s Biosensors International acquired Israel’s Spectrom for $51MN (Globes, May 24).  The Pennsylvania-based $3.2BN Teleflex acquired Israel’s Eon Surgical for over $20MN (Globes, June 11).

2.  France’s National Electric Company has invested $400MN in Israel’s solar market (Globes, June 5).

3.  The Norwegian Sovereign Wealth Fund, the largest investment fund in the world (funded by Norway’s oil explorations), has invested $686MN in the Tel Aviv stock exchange, $552MN during the last four years (Globes, June 10).

4.  Israeli R&D is present in 20.5% ($24.6BN) of all global bio-tech products ($120BN) – a symptom of the rapidly growing Israeli bio-tech sector and the flow of global giants establishing R&D centers in Israel (Globes, June 7).

5.  The largest defense contractor in the USA, Lockheed-Martin, is establishing a computer center in Israel, jointly with Israel’s Binat (Globes, June 5).  Israel is the world largest exporter of Unmanned Aerial Vehicles (UAVs) – $4.6BN during the last eight years.  This export is expected to grow 5%-10% annually until 2020. Israel’s defense exports exceed $6BN annually, 10% of which consists of UAVs (Globes, May 24).

6.  Israel’s KMDA raised $50 on NASDAQ (Globes, June 3).  Israel’s AlCobra raised $25MN on NASDAQ (Globes, May 23). Khosla Ventures led a $24MN round of private placement by Israel’s HeathTap, joined by Mayfield Fund and Mohr Davidow Ventures (Globes, May 13).  Intel Capital invested in Israel’s Reduxio (Globes, June 4).

7.  “Israel is helping the US meet the economic, environmental and non-military security (EG. cyber security) challenges of the future…. Israeli experts and start-ups regularly partner with US firms to develop applications such as instant messaging, Internet telephony and data-mining.  Intel’s executive, Greg Slater, noted that many of his company’s major innovations over the past three decades started in Israel, including Ivy Bridge and Sandy Bridge micro-processors, which accounted for 40% of Intel revenues in 2011…. Bill Gates said that the ‘innovations going on in Israel are critical to the future of the technology business….’  Israel accounted for about 25% of US exports to the Middle East in 2011… equaling or surpassing those to oil-rich Saudi Arabia…. Israeli firms have set up manufacturing plants [in the USA] that employ tens of thousands of Americans…. Israel is a top innovator in the technologies of modern warfare – cyber, unmanned vehicles, robotics, missile defense – an important source of innovations for the US defense contractors and troops…. Israel is also a world leader in micro-irrigation, wastewater management and reverse-osmosis desalination…. Israeli [knowhow] is helping the US promote nation-building at home and security and sustainability abroad” (Wall Street Journal, March 21, 2013 Michael Eisenstadt and David Pollock, the Washington Institute for Near East Policy).

1 Comment

  • Mawloud Ould Daddah

    Israel is the only democratic state and country of region and the only loyal and reliable ally in war on terror,absolutely,absolutely,absolutely,no one else,none,none,none,definitely,

Leave a Reply

Please note: comments may be published in the Algemeiner print edition.


Current day month ye@r *

More...

  • Arts and Culture Theater US & Canada New Play Explores the ‘Arrogance’ of American Jews Critical of Israel, Playwright Says

    New Play Explores the ‘Arrogance’ of American Jews Critical of Israel, Playwright Says

    In his new play Mr. Goldberg Goes to Tel Aviv, playwright Oren Safdie tackles an issue that he has a major concern with: the relationship between Israelis and left-leaning Diaspora Jews with their “I know better” critical views. At the heart of the one-act play is Tony, a Jewish and gay Palestinian sympathizer who expresses strong anti-Israel sentiments when the play begins and at one point even sides with a Palestinian terrorist who holds his captive. Tony, who is also an [...]

    Read more →
  • Music US & Canada Hassidic Parody of Taylor Swift Song Apes Long Jewish Holidays (VIDEO)

    Hassidic Parody of Taylor Swift Song Apes Long Jewish Holidays (VIDEO)

    A Jewish comedy troupe released a parody video on Wednesday of Taylor Swift’s hit song Shake It Off in which they joke about taking extensive time off from work for Jewish holidays. “And the goyim gonna stay, stay, stay, stay, stay. And the Jews are gonna pray, pray pray, pray, pray. I’m just gonna take, take, take, take, take. I’m taking off,” goes the chorus for I’m Taking Off. Menachem Weinstein, the video’s lead singer, is the creative director at [...]

    Read more →
  • Arts and Culture Jewish Literature On 75th Anniversary, Looking at the Jewish Influence on Gone With the Wind

    On 75th Anniversary, Looking at the Jewish Influence on Gone With the Wind

    JNS.org – The 75th anniversary of the premiere of “Gone with the Wind” on Dec. 15 presents an opportunity to examine the Jewish influence on one of the most popular films of all time. That influence starts with the American Civil War epic’s famed producer, David O. Selznick. Adjusted for inflation, “Gone with the Wind” remains the highest-grossing movie ever made. It earned the 1939 Academy Award for Best Picture, the same honor another Selznick film, “Rebecca,” garnered in 1940. Selznick [...]

    Read more →
  • Featured Music US & Canada EXCLUSIVE: Matisyahu Provides Most Extensive Analysis Yet of His Religious, Musical Evolution (INTERVIEW)

    EXCLUSIVE: Matisyahu Provides Most Extensive Analysis Yet of His Religious, Musical Evolution (INTERVIEW)

    Matisyahu got candid in an exclusive interview with The Algemeiner on Monday about his religious and musical journey – after shedding his Chassidic skin, yarmulke, long beard and all – from the start of his career in 2005 when he became a reggae superstar with hits King Without a Crown and Jerusalem. The singer-songwriter embarks on his Festival of Light tour this month, an annual Hanukkah event that stops in Montreal, New York, and other cities before ending in San Juan, [...]

    Read more →
  • Arts and Culture Personalities ‘Sheriff of Mars’ Unveils Endearing Life of Jewish Music Star Hidden in the Fields of France

    ‘Sheriff of Mars’ Unveils Endearing Life of Jewish Music Star Hidden in the Fields of France

    JNS.org – It was an era of steel strings, guitar heroes, and storytellers—high on heroin, rebellious. Outlaw country music, the hallmark of Nashville’s powerful and angry music scene of the 1970s, was the brew of greats such as Johnny Cash, Willie Nelson, and Townes Van Zandt. But there is another, little-known music hero of that era: Daniel Antopolsky. A Jewish lad from Augusta, Ga.—the son of immigrants who settled in the south and ran a hardware store on Main Street—the [...]

    Read more →
  • Arts and Culture US & Canada Iranian Actress Replaces Israel’s Gal Gadot for ‘Ben-Hur’ Remake

    Iranian Actress Replaces Israel’s Gal Gadot for ‘Ben-Hur’ Remake

    Iranian actress Nazanin Boniadi replaced Israeli star Gal Gadot as the female lead in the new Ben-Hur remake, Hollywood.com reported on Tuesday. The Homeland actress will play Esther, a slave that Ben-Hur sets free and falls in love with. Gadot quit the movie when it became clear that filming conflicted with her schedule for the Man of Steel sequel. The Israeli actress plays Wonder Woman in the superhero film Batman v. Superman: Dawn of Justice. Actor Jack Huston takes on the [...]

    Read more →
  • Book Reviews Personalities Biography Sheds New Light on David Ben-Gurion’s Place in Jewish History

    Biography Sheds New Light on David Ben-Gurion’s Place in Jewish History

    JNS.org – There is one sentence in “Ben-Gurion: Father of Modern Israel” that made me sit up in surprise. I thought that I knew the basic facts about how Israel came into being, but while describing what it was like in the days and hours before the state was declared, author Anita Shapira provides one important anecdote I was not aware of. On the 12th of May, the Zionist Executive met to decide what to do. Moshe Sharrett had just returned [...]

    Read more →
  • Arts and Culture US & Canada ‘Death of Klinghoffer’ Actress Compares Met Opera to ‘Schindler’s List’

    ‘Death of Klinghoffer’ Actress Compares Met Opera to ‘Schindler’s List’

    An actress starring in the controversial Met Opera The Death of Klinghoffer defended the show on Tuesday by comparing it to the 1993 Holocaust film Schindler’s List, New York Post reported. “To me, this was like [the movie] Schindler’s List. We make art so people won’t forget,’’ said the actress, who plays a captured passenger in the show and asked not to be identified. The Met Opera focuses on the infamous murder of Lower East Side Jewish resident Leon Klinghoffer, 69. The wheelchair-bound father of [...]

    Read more →



Sign up now to receive our regular news briefs.