The Technion’s story has been intertwined with Israel’s for more than a century, from laying the foundations for a new nation to shaping its future.
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Israel wouldn’t have earned its reputation as the Startup Nation if some of the thousands of companies that have come out of this small country hadn’t earned big bucks for their investors.
How big? Jerusalem-based Mobileye (opens in a new tab) holds the title for the most lucrative acquisition of an Israeli company: $15.3 billion – that’s how much Intel paid to acquire the company in 2017.
The purchase knocks Jerusalem-based Mobileye off the top spot, after if was bought by Intel for $15.3 billion in 2017.
The news about Wiz certainly focused worldwide attention once more on Israel’s lively high-tech sector, which despite experiencing a slump related to the war in Gaza, and the aftermath of the Covid pandemic, continues to develop at an extraordinary pace.
M-Systems Co-founder Dov Moran; Imperva Co-founder and former CTO Amichai Shulman; Orbotech former CTO Dr. Abraham Gross; Mercury Interactive Founder Amnon Landan; and Mobileye Executive VP of R&D Gaby Hayon are all Technion alumni. Mazor Robotics was founded by Technion Professor Emeritus Moshe Shoham.