Do you know where your AOL instant messenger comes from? Does your computer also run on Intel Centrino technology? Do you know where major parts of your Windows operating systems were developed?
It is not a coincidence. Israel is well known worldwide for its talented hi-tech industry. Venture capitals around the globe know these facts and invest billions in Israeli startup companies. Many technology giants such as Microsoft, IBM, Cisco and many more have large R&D centers in Israel, and they continue to hire more and more talented graduates of Israeli universities, such as the Hebrew University and the Technion, which are also known for their prestigious.
Here are some facts about technology in Israel:
What they say about Israel
Bill Gates, Founder of Microsoft.
Richard Lampman, Senior Vice President of Research in Hewlett Packard
Steve Bolze, President and CEO GE Healthcare
Safra Catz, President of Oracle
On a visit to Israel in October 2005, Microsoft chairman, Bill Gates, said: "Israel is a major player in the high tech world... We're super-satisfied with the contributions of our R&D center in Haifa. The quality of the people here is quite fantastic. People in high tech are very aware that Israel - compared to its small size - has some amazing technological achievements. There is a greater concentration of talented high tech manpower here in comparison to other countries - almost to the extent of Silicon Valley."
"Israel is a major player in the high tech world... We're super-satisfied with the contributions of our R&D center in Haifa. The quality of the people here is quite fantastic. People in high tech are very aware that Israel - compared to its small size - has some amazing technological achievements. There is a greater concentration of talented high tech manpower here in comparison to other countries - almost to the extent of Silicon Valley."
"This is a cutting edge community. If you look around the world, many of the countries that you visit are a few steps behind the cutting edge. If you come to Israel you feel you are right there."
"What sets Israel apart for us is the spirit of the people and the commitment to innovation."
"Israel is an incredible source of entrepreneurship and brilliant ideas."
MoneyTree: Funding continues, but companies get less Investment in seed-stage companies remains low.