Israel’s status as a leading tech nation is not in doubt. The Middle Eastern state of just eight million people, known as “Silicon Wadi”, is home to 5,000 startups and 750 venture-backed…
Intel Buys Mobileye for $15.3bn
US chipmaker Intel has announced a $15.3 billion takeover of driverless car tech firm Mobileye. Intel will pay $63.54 a share for the Israeli company, whose ascendance in the autonomous driving industry…
Corporate-Startup Partnerships are Thriving in Israel
When Greg Moran, CEO of Zoomcar, first traveled to Israel last year, he was expecting to have a few business conversations–maybe even to collaborate on a low-level project. His firm, India’s first…
In Israel, a New Generation of Boutique Venture Capitalists Thrives
Shimon Peres, the legendary Israeli politician who died last year, realized early in his career that Israel, lacking natural resources and friendly neighbors, should rely on its people for success. “Through creativity…
HERE and Mobileye Pair Up for Self-Driving Tech Push
Three months after Mobileye’s very public split with Tesla, the driving sensor firm has another partnership: HERE. The latter will provide mapping software alongside Mobileye’s sensors to offer a more holistic autonomous…