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...

  • Book Reviews Personalities How a Jewish Leader With 3 Months to Live Created a ‘Seminar’ on Life

    How a Jewish Leader With 3 Months to Live Created a ‘Seminar’ on Life

    JNS.org – What would you do if you found out that you had only three more months to live? Gordon Zacks was a successful businessman, a leader of Jewish life, and a confidante and adviser to President George H.W. Bush. He knew that he had prostate cancer, but doctors advised him that it was very slow-growing and nothing to worry about. Then came the day when the doctors told him his cancer metastasized to his liver, and that he had [...]

    Read more →
  • Blogs Theater 10 Things I Learned From My Play About Holocaust Denial

    10 Things I Learned From My Play About Holocaust Denial

    Last month, my one-man show Hoaxocaust! Written and performed by Barry Levey with the generous assistance of the Institute for Political and International Studies, Tehran ran in the New York International Fringe Festival, where it won an Overall Excellence Award. The play has now been selected to run in the Fringe Encores Series at Baruch College’s Performing Arts Center, for four performances which started on Thursday, September 11. Getting the play to the stage was not easy, however. Here are [...]

    Read more →
  • Arts and Culture Israel Israeli Music Producer Racks Up Over 535,000 YouTube Hits – in Two Days

    Israeli Music Producer Racks Up Over 535,000 YouTube Hits – in Two Days

    Phenomenon: Tel Aviv-based musician and “sampler” extraordinaire, Kutiman (aka Ophir Kutiel) has hit another one out of the park with “Give It Up,” a fully-functioning song in its own right, assembled from hundreds of ameteur and instructional music videos. The Jerusalem-born musical prodigy is best know for his diverse online musical projects. In the latest video, uploaded to YouTube on Sept. 12th, Kutiel thanked most of the musicians and individuals he chose to include in the meticulously-edited clip, which opens with [...]

    Read more →
  • Theater US & Canada Behind-the-Scenes Reel of Ridley Scott’s Moses Epic Shows Scenes Using 4000 Extras (VIDEO)

    Behind-the-Scenes Reel of Ridley Scott’s Moses Epic Shows Scenes Using 4000 Extras (VIDEO)

    A recently released behind-the-scenes reel of Ridley Scott’s upcoming film Exodus: Gods and Kings shows just how far the director has gone to portray one of the Bible’s most famous narratives. In the clip, which shows scenes involving up to 4,000 extras, the visionary director discusses what drew him to the biblical tale of Moses. “The Moses story was a massive challenge, which I really love. I wanted to explore the complexity of his character and I was stunned by [...]

    Read more →
  • Arts and Culture Jewish Identity Turner Classic Movies Showcases ‘Broad Sweep’ of the Jewish Experience on Film

    Turner Classic Movies Showcases ‘Broad Sweep’ of the Jewish Experience on Film

    JNS.org – Since 2006, the Turner Classic Movies (TCM) cable and satellite TV network has hosted “The Projected Image,” a month-long showcase examining how different cultural and ethnic groups have been portrayed on the big screen. At last, after previously covering African Americans, Asians, the LGBT community, Latinos, Native Americans, Arabs, and people with disabilities, the annual series is delving into Jewish film this month. “The Projected Image: The Jewish Experience on Film,” whose first segment aired Sept. 2, runs [...]

    Read more →
  • Book Reviews Jewish Identity An Inside Look at the Hasidim (REVIEW)

    An Inside Look at the Hasidim (REVIEW)

    The sight of young girls in pinafores and young boys wearing peyos – sidelocks – dangling over their ears is a sure sign that you have entered the enigmatic precincts of the Hasidim – the pious ones. Veteran New York Times journalist Joseph Berger’s new book, THE PIOUS ONES: The World of Hasidim and their Battles with America, takes the reader on a journey into the enclaves where various sects of Jews live a seemingly outmoded way of life in [...]

    Read more →
  • Arts and Culture Jewish Identity How Jewish Television Pioneer Milton Berle Inspired Modern Comedy Stars

    How Jewish Television Pioneer Milton Berle Inspired Modern Comedy Stars

    JNS.org – Today’s comedy superstars, especially those whose careers are driven by television, may very well owe their success to pioneering Jewish entertainer Milton Berle. Born Mendel Berlinger in Manhattan in 1908, Berle became America’s first small-screen star. Aptly nicknamed “Mr. Television,” he influenced and helped promote the work of hundreds of younger comics. “Milton Berle was deceptively successful and very Jewish,” says Lawrence Epstein, author of The Haunted Smile: The Story of Jewish Comedians in America, published the year [...]

    Read more →
  • Jewish Identity Sports Jewish ‘Hoops Whisperer’ a Secret Weapon for NBA Stars

    Jewish ‘Hoops Whisperer’ a Secret Weapon for NBA Stars

    JNS.org – Idan Ravin’s friends chipped in to buy him a humble but life-changing bar mitzvah gift—a basketball hoop his father attached to the roof of his garage. Little did his friends know that years later, he would be the personal trainer of National Basketball Association (NBA) stars Carmelo Anthony, Kevin Durant, Dwight Howard, and Stephen Curry. Ravin’s new book, “The Hoops Whisperer: On the Court and Inside the Head of Basketball’s Best Players,” details his rise from a Jewish upbringing [...]

    Read more →



Sign up now to receive our regular news briefs.