(Times of Israel) David Shamah - Over 250 multinational companies (MNC) have research and development centers in Israel, 80 of them Fortune 500 companies, with 66% being U.S. companies. During 2011, international tech companies bought out 83 Israeli start-ups, with the buyouts amounting to $5 billion. During the first half of 2012, there were 50 buyouts, at a total value of $3.5 billion (not including the purchase of NDS by Cisco). Between 2002 and 2009, productivity by MNC units in Israeli grew by 121%, an average of 12% annually. This accounted for 15% of all business activity in Israel.
2013-04-18 00:00:00Full ArticleBACK Visit the Daily Alert Archive