from the July 2007 issue

Foreign R&D centers employ 35,000 workers in Israel

At least 110 foreign research and development centers, employing over 35,000 workers, are active in Israel, according to the Israel Venture Capital Research Center.

Most of these R&D centers are part of international technology firms that acquired Israeli companies and transformed them into local research facilities. For example, Cisco Inc. has bought at least nine Israeli companies. Electronics multinationals in Israel include Intel, Applied Materials, Motorola, Freescale, Texas Instruments, IBM, SanDisk, Hewlett Packard, Sanmina-SCI, KLA-Tencor, General Electric, Philips Medical and others.

Reprinted from the Israel High-Tech & Investment Report July 2007

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