Israel’s tech successes 2013: The rest of the story
Without question, 2013 was a banner year for Israeli technology. According to a report released this week by PwC Israel, Israeli high-tech exits in 2013 were worth $7.6 billion, the best year since 2006. The biggest deals of the year, of course were those involving Waze (bought by Google for close to a billion dollars), Trusteer (bought by IBM for a similar amount), and the Wix IPO (the biggest Israeli IPO yet).
According to the report, Israeli successes went far beyond computer/Internet tech; collectively, the most successful Israeli exits were in the area of life sciences, where M&A/IPO activity amounted to $2.5 billion, and involved many more companies than the tech/Internet/mobile sector did.
And then there were the companies that achieved major successes and breakthroughs in their area, developing new technologies or products that had a significant impact on their industries, or produced research that others are using to make the world a better, safer place. There were also a plethora of academic studies that contain the seeds of the major breakthroughs of tomorrow, and the technology that will pave the way for the Wazes of the day after tomorrow not to mention the Nobel prizes scarfed up by Israeli-raised U.S. researchers Prof. Arieh Warshel and Prof. Michael Levitt.
http://www.timesofisrael.com/israels-tech-successes-2013-the-rest-of-the-story/