Tag: who invests in israel

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...