Israel's exports

Last week's crop of Israeli high-tech companies that have been acquired:

• Kashya acquired by EMC for $153M
• Identify acquired by BMC for $150M
• Ksolo acquired by Fox for $8M (congrats Nimrod!)
• And of course Iscar acquired by Warren Buffett for $4B

Hardly a week goes by without an Israeli high-tech company being acquired, usually by large US corporations. In ways, this has become Israel's newest export industry. There are countries that export products, there are those that 'export' services and those that export agricultural goods. Israel builds and then exports high-tech companies.

I have no idea if this is a good thing or a bad thing for Israel and its economy. There are folks way smarter than me dealing with this question for a while now (it's usually titled "why don't we have our own Nokia?"). But it's certainly a pretty unique thing to be exporting on a regular basis.

Comments

[Rogel]

But we do, Teva, Amadocs and Checkpoint for example

[Yaron Galai]

I agree with you 100%. I think the Nokia obsession is more of a media buzz thing than anything real.

Thanks for stopping by!