Author: wp_archive_user

Reverse Aliyah: Time is right for Israeli CEOs

Reverse Aliyah: Time is right for Israeli CEOs

Nov 21, 2012 | ,

Huge companies have development and research centers in Israel. These centers are very strategic and have Israeli leadership running them . Microsoft has an R&D center in Hertziliya Intel has and R&D center in Haifa Apple is planning on opening a center in Israel Google has R&D centers in Tel Aviv and Haifa. Although these R&D centers have Israeli leadership and have a huge impact on the performance of the company, we have yet to see anyone from these companies take a CEO position. [<a href=”//storify.com/OurCrowdIsrael/reverse-aliyah-time-is-right-for-israeli-ceos” target=”_blank”>View the story “Reverse Aliyah: Time is right for Israeli CEOs” on Storify</a>]<br /> <h1>Reverse Aliyah: Time is right for Israeli CEOs</h1> <h2>Will an Israeli replace Intel’s Paul Otellini as the chip firm’s new CEO?</h2> <p>Storified by OurCrowd Israel &middot; Wed, Nov 21 2012 03:59:10</p> <div> <p>Huge companies have development and research centers in Israel. These centers are very strategic and have Israeli leadership running them</p> <p>.&nbsp;</p> <p>Microsoft has an <a href=”http://www.microsoft.com/israel/rnd/” class=””>R&amp;D center in Hertziliya</a>Intel has and <a href=”https://blog.ourcrowd.com/index.php/2012/11/19/does-conflict-halt-israels-growth/” class=””>R&amp;D center in Haifa</a>Apple is planning on opening a <a href=”http://www.israelnationalnews.com/News/News.aspx/150728″ class=””>center in...

Read More
Who invests in Israel?

Who invests in Israel?

Nov 20, 2012 | ,

Investing is Israel has become more popular ever since Warren Buffett, the world’s most prominent investor, started investing in Israel. Buffett is known not to invest on foreign countries, but he too sees the promise in Israel. In May of 2006, Buffett bought Iscar, an Israeli metalworking company, for $4 billion. This marked the most Buffett ever paid for a foreign investment. In fact, this was Berkshire Heathway’s first ever purchase of a non-American company. Since that investment, Buffett has called Israel the best place to invest and has said “We’re interested in more investments in Israel.” Here are some other notable investments by American businesses: Stanley Black & Decker’s CEO John F. Lundgren bought AeroScout, an Israeli company that created chips to track objects over the internet, for $240 million Facebook’s Mark Zuckerberg bought Face.com, facial recognition software, for $60 million. Zuckerberg also bought Snaptu, an Israeli internet design company, for $70 Million IBM’s CEO Ginni Rometty invested in Worklight, an Israeli IT and Enterprise Software company, for $95 million Microsoft’s CEO Steve Ballmer invested an R&D center...

Read More
Does conflict halt Israel’s growth?

Does conflict halt Israel’s growth?

Nov 19, 2012 |

In the book, “Start-Up Nation,” there is an entire chapter talking about the Israeli mindset; how terrorism and war never affects work ethic. Intel has a few D&P centers in Israel. During a rain of rockets fired near one of the centers during the Second Intifada, the Israeli workers continued work as normal, stopping only to seek shelter from the rockets. The book considers this as part of the reason why Intel is so successful, being that Israel has a huge percentage of the company’s profits. In 2005, Intel Israel exported $1.2 billion, over 14 percent of Israel’s sum total of exports. The Israeli workplace was never closed. That is the essence of the Israeli work ethic. It is a common misconception that war halts this country’s GDP. Israel has seen tremendous growth in its GDP since the last war, and is growing exponentially. The last time I saw a chart with this kind of growth was my weight gain since 8th grade.  Notice that in 2012, with a GDP growth of $25 billion dollars, Israel was hit...

Read More

Wix names Appforma to Top Ten Apps for SME Websites

Nov 19, 2012 |

Appforma got some love from the guys at Wix. In the HuffPost, Wix named Appforma to its list of top 10 apps for SME websites. 7) Appforma Coupons – creates coupons, to help you reward your users, get viral traffic and develop new leads. For businesses that use promotions, this app could prove invaluable. Wix is a great (Israeli, by the way) website builder for small and medium businesses. The list was compiled from Wix data for app downloads/installs. And like recent Google acquisition Wildfire, Appforma provides really easy-to-use social media marketing tools for small and medium businesses. Source: Wix.com reveals the top 10 apps for SME websites (Huffington Post)   photo...

Read More
Israeli Startup SweetPacks acquired for $43 million

Israeli Startup SweetPacks acquired for $43 million

Nov 18, 2012 |

Israeli company SweetPacks, founded in 2000, was just recently acquired by Perion Network, an Israeli digital media company. The acquisition, worth $43 million in cash and stocks, took place on November 12th, 2012.[bra_blockquote align=””]“This combination provides meaningful scale and adds improved back-end systems that will strengthen our competitive advantage,” said Josef Mandelbaum, Perion’s CEO. “This acquisition further accelerates our own efforts to scale, adds 22 million new users, creating a larger and more profitable company.”[/bra_blockquote] SweetPacks is a company that provides users with easy to use tools to enhance the digital experience, such as SweetIM, a messaging tool that allows users to express across messaging, Facebook, and Email. The company also has other cool apps. Ginger is an app that saves you from embarrassing typos and horrible grammar. The app underlines words that don’t fit in the sentence based off the sentence’s context and structure. SweetPacks was founded in 2000, and generated almost $30 million in 2012, almost double the profits the company saw in 2011, which came in at $15.7 million. SweetPack’s CEO Nadav Goshen will join Perion...

Read More