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U.S. Tech Firm to Open Development Center in Israel


(Ha'aretz) Inbal Orpaz - San Francisco-based UST Global, a technology firm that employs 18,000 people worldwide, plans to set up a development center in Israel that will train thousands of people in cyber security and become one of the largest high-tech employers in Israel, Economy Minister Naftali Bennett said Saturday night. The firm provides information technology and business process outsourcing services for multinational corporations. UST Global CEO Sajan Pillai explained: "Today, most companies in the world view cyber defense as one of their top problems. Israel, as a country, has the best brand in intelligence and cyber defense, bar none. Number two, 40% of all cyber defense companies today, innovative companies, are located in Israel."
2014-12-08 00:00:00
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