Hardly a day goes by without news of an Israeli company being bought by a large multinational corporation (MNC). The records being set for buyouts keep rising, as MNCs turn to Israeli innovators for the newest technology. Names like Waze, Mobileye, Trusteer, PillCam, Playtika and Orbotech are just a few of the many buyouts that turned Israeli investors into multimillionaires.
Israel’s “startup nation” mentality, combined with world-renowned academic institutions, has created an atmosphere that has become a fertile ground for successful startups. The pace of research and development has increased and attracts the attention of companies from around the world. More and more MNCs are opening new R&D centers in Israel to take advantage of university research and graduates eager to make their mark on the world. With over 300 multinationals operating R&D centers in Israel, companies such as Amazon, Apple, Dell, GM, Google, HP, IBM, INTEL, Microsoft, Oracle, Philips, Samsung, Siemens, Sony and Xerox have discovered the reasons for doing research in Israel. In fact, more money is spent on R&D in Israel, as a percentage of GDP, than any other country in the world.