JStone
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- Jun 29, 2011
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Business Week Magazine: Israel's High Tech Hot Spots. From Tel Aviv to Jerusalem, The Mideast Nation Is Blanketed With Science Parks And Creativity Clusters.
Israel's flourishing technology sector has earned the nickname "Silicon Wadi" (Arabic for "Valley") thanks to its powerful mix of pioneering high-tech and pharmaceutical companies and world-class research facilities such as the Weizmann Institute of Science and Technion-Israel Institute of Technology. The country has attracted global tech giants such as Intel, IBM, Microsoft, and Motorola, which run major engineering centers there, but also has produced scores of homegrown innovators such as Teva, the world's largest generic drugmaker. Israel has the highest concentration of high-tech companies in the world outside Silicon Valley, and the most Nasdaq-listed companies of any country outside North America. For a look at 12 Israeli tech hubs, click on
Israel's High-Tech Hot Spots - BusinessWeek
Yokneam: This town has developed into a high-tech center in recent years, thanks to its proximity to Haifa and tax breaks for businesses. One company based here is Given Imaging, which created a pill-sized camera as a noninvasive alternative to traditional endoscopies. Others include Surf Communication Solutions, an Israeli developer of hardware and software for voice and video data; MRV Communications, a California-based producer of communication equipment and optical components; and Marvell Semiconductor, formerly an Israeli chipmaker known as Galileo Technology until it was bought by California's Marvell in 2000.