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BDS Your Derriere.
Happy Hanukkah
Merry Christmas
Japanese companies show keen interest in Israeli startups
Focus on cyber security, fintech and self-driving software
HIDEMITSU KIBE, Nikkei staff writer
Japanese companies show keen interest in Israeli startups- Nikkei Asian Review
The Prodigious technological Capabilities of Israeli startups is Attracting attention from all over the World.
TEL AVIV -- Investment by Japanese companies in Israel is Soaring in expectations of tapping into technologies such as autonomous driving through a business partnership with local startups.
The value of investment by Japanese firms totaled 5.2 billion yen ($45.7 million) in 2015, a 4.7-times increase from 2013 and 26 times the amount in 2012, according to the Bank of Japan's Balance of Payments statistics.
According to the Tel Aviv office of the Japan External Trade Organization, or JETRO, the number of Japanese companies' local subsidiaries in Israel was around 35 as of early 2015. The figure jumped to about 50 as of November 2016.
The rapid entry into the Middle Eastern country by the Japanese companies reflects their efforts to team up with local startups that have high technological capabilities in cyber security, fintech and self-driving technology.
Sony announced last January the acquisition of Altair Semiconductor, a communications chip maker in Israel, for $212 million.
In 2015, major Japanese advertising company Dentsu bought digital performance marketing agency abaGada Internet.
Online marketing Giant Rakuten in 2014 acquired messaging and calling app Viber, whose operations are based in Israel.
The development of a collision avoidance system by Israel-headquartered Mobileye, which Nissan Motor features in its cars, has made the country the linchpin for the global auto industry.
Google purchased the Israeli map app Waze in 2013 with an eye toward putting driverless cars on the road.
[......]
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Happy Hanukkah
Merry Christmas
Japanese companies show keen interest in Israeli startups
Focus on cyber security, fintech and self-driving software
HIDEMITSU KIBE, Nikkei staff writer
Japanese companies show keen interest in Israeli startups- Nikkei Asian Review
The Prodigious technological Capabilities of Israeli startups is Attracting attention from all over the World.
TEL AVIV -- Investment by Japanese companies in Israel is Soaring in expectations of tapping into technologies such as autonomous driving through a business partnership with local startups.
The value of investment by Japanese firms totaled 5.2 billion yen ($45.7 million) in 2015, a 4.7-times increase from 2013 and 26 times the amount in 2012, according to the Bank of Japan's Balance of Payments statistics.
According to the Tel Aviv office of the Japan External Trade Organization, or JETRO, the number of Japanese companies' local subsidiaries in Israel was around 35 as of early 2015. The figure jumped to about 50 as of November 2016.
The rapid entry into the Middle Eastern country by the Japanese companies reflects their efforts to team up with local startups that have high technological capabilities in cyber security, fintech and self-driving technology.
Sony announced last January the acquisition of Altair Semiconductor, a communications chip maker in Israel, for $212 million.
In 2015, major Japanese advertising company Dentsu bought digital performance marketing agency abaGada Internet.
Online marketing Giant Rakuten in 2014 acquired messaging and calling app Viber, whose operations are based in Israel.
The development of a collision avoidance system by Israel-headquartered Mobileye, which Nissan Motor features in its cars, has made the country the linchpin for the global auto industry.
Google purchased the Israeli map app Waze in 2013 with an eye toward putting driverless cars on the road.
[......]
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