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December 21, 2014 / 29 Kislev, 5775
 
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Posts Tagged ‘cisco’

Be’er Sheva Prepares to Be the New Israeli Silicon Valley

Monday, January 27th, 2014

The launching of the CyberSpark national cyber complex in Be’er Sheva this week prepares the way for what the “capital of the Negev” hopes will turn the city into Israel’s next Silicon Valley.

Lockheed Martin and IBM formally announced that they will set up their research activities in the park, joining Deutsche Telekom and EMC.

More than 450 heads of industry and cyber security agencies from around the world attended Tel Aviv’s Cybertech 2014, where the announcements of CyberSpark were made. Among those attending were 50 people from the White House and the Department of Homeland Security, and top officials from Checkpoint, IBM, Cisco, EMC and Kaspersky.

“Beer-Sheva will not only be the cyber capital of Israel but one of the most important places in the cyber security field in the world,” Prime Minister Benjamin Netanyahu declared at the opening of the conference.

CyberSpark is being billed as the only complex of its kind in the world that includes industry leaders, academic research, leading security agencies, educational facilities and human capital specializing in cyber security and national government agencies.

Their goal is to produce a complete eco-system which will contain all the components needed to create a global leader in the cyber field by the pooling of resources, shared technology infrastructure construction and synergy of specialists, researchers and students.

PA Entrepreneurs Shun Politics in Cisco Systems Training

Friday, July 26th, 2013

Palestinian Authority entrepreneurs are not interested in politics and concentrate on business in a Cisco-Israel training program, Forbes business magazine reported. Israeli Jewish high-tech experts coach PA CEOs and middle-level managers in the sessions.

Cisco CEO John Chambers began thinking about the program after meeting with  chairman Mahmoud Abbas in Ramallah in 2008.

“I personally went to Cisco and said, ‘Forget about donating; allocate part of the money and help us create jobs,” according to  Tariq Maayah, a top Palestinian entrepreneur and business leader who spoke with Forbes.

Jews are carrying out the training because Cisco could not find any qualified PA Arabs.

“We didn’t find any Palestinian experts with the kind of credentials or backgrounds we needed,  and to bring them from the [United] States would be too expensive, so we have to use the Israeli Jews. Because we have plenty of those in Israel,” explained Gai Hetzroni, a top Cisco R&D executive. “

US Security Expert Warns of Dangers in Israel’s Digital Plan

Thursday, July 11th, 2013

The director of a Washington-based security forum warns that Israel’s innovative plan to go digital could compromise its national security.

“There is national security and innovation and you have to find the right balance,” Cyber Security Forum Initiative chief Paul de Souza told Bloomberg News. The government plans to work with Cisco System to make Israel the first total digital country with a fiber-optic network built for Israel Electric Corp.

Cisco CERO John Chambers said last month that his company would secure the network  and make it “the best there is in security on a global basis.” The company also created a technology incubator in Israel for cyber defense startups.

De Souza warned that a failure to build a multi-layered and complex security system would allow criminals or terrorists to “harvest millions of zombies,” referring to computers that are compromised so they can be remotely controlled. “Imagine Israel with millions of zombies that have super capability and can bring down countries,” he said. “Not only can these computers attack Israel itself, but they can at the same time use Israel as a way to attack other countries in the whole false flag thing and put the blame on Israel.”

Israel Will Be ‘First Totally Digital Country,’ Says Cisco CEO

Wednesday, June 19th, 2013

Cisco’s CEO touts Arab-Jewish teamwork, meet with Peres, announces an innovation venture with   Bezeq communications system, and predicts Israel will be the world’s first totally digital country.

Cisco CEO John Chambers, speaking about his company’s involvement in Israel Electric Corporation’s fiber optic venture, predicted on Wednesday, “Israel is about to become the first fully digital country in the world.”

“This is something that most countries do a little at a time; you are going to do everything at once,” he added.

Cisco also announced it is opening a new innovation center with Israel’s Bezeq communications system and its mobile cell division Pelephone and will test on Pelephone’s live production network the world’s first self-optimizing heterogeneous configuration that combines small-cell, Wi-Fi and macro technologies, Globes business newspaper reported.

Last February, Cisco paid $475 million for Israel’s Intucell company.

Chambers. who attended President Shimon Peres’ pre-90th birthday celebrations Tuesday night, said after meeting with Wednesday with Prime Minister Binyamin Netanyahu that Cisco intends to make available $15 million for funds “that support integration of Israeli Arabs, and development of innovative security technologies.”

Cisco already employs approximately 200 people in Israel and intends to hire 100 more,

Cisco Acquired its 11th Israeli Company

Sunday, February 17th, 2013

Straight from the Jerusalem Boardroom #175.

1.   “Israeli defense exports for 2012 are expected to show an increase, despite the global economic crisis…. Israeli defense exports for 2012 may cross the $7 billion line…. 10% to 15% higher than 2011 exports, though it will not match the peak of more than $7.5 billion recorded in 2010…. A substantial effort is currently under way to increase sales mainly in countries such as India and several other countries in Eastern Asia, South American countries, Australia, Africa and Canada, where Israeli defense exports have recorded a growth trend” (IsraelDefense, Dec. 31, 2012).  Israel is ranked between fourth and sixth in the world for weapons sales. The U.S. and Europe are Israel’s leading markets.

2.  “Microsoft CEO Steve Ballmer said that even though there is only one Silicon Valley, ‘Israel is among the second tier of innovative places’ — akin to Microsoft’s hometown, Seattle…. Ballmer said that “the range of innovative things that Israel is doing is remarkable. There is such a wide scope of exciting things going on here. Israel is a start-up center, and there is always something to challenge us there, or one that we can acquire.’ A number of MS technologies are ‘Made in Israel,’ Weisfeld explained in a previous interview: These include Microsoft gateway VPN technology; Microsoft Security Essentials anti-virus suite; and the newest product, the recommendation system for Xbox systems…. Israel was the first Microsoft R&D center outside the US, which opened in 1991. Today, the company has centers around the world, but… there are only four places in the world where the R&D centers get involved in general and innovative projects: the US, China, India, and Israel” (Times of Israel, Nov. 5, 2012).

3.  The Swiss-based Institute for Management Development (IMD) has ranked the Bank of Israel in the top five among central banks for its efficient functioning in its 2012 World Competitiveness Yearbook for the third year in a row. The report also ranked Israel’s economy 9th highest for its durability in the face of the global financial crisis (http://bit.ly/Xf6Cr9).

4.  The $110BN Cisco acquired Israel’s IntuCell for $475MN, Cisco’s 11th Israeli acquisition, including NDS which was acquired in March, 2012 for $5BN  (Globes, January 24).  Israel’s Keryx BioPharmaceuticals raised – on NASDAQ - $70MN, its 4th IPO (Globes, Feb. 4). Israel’s MedGenics raised $29MN on NASDAQ (Globes, Feb. 11).  DKPartners hedge fund joined York Private Equity, investing $55MN in Elbit Imaging bonds (January 24).

5.  In 2012, 575 Israeli high-tech companies raised $1.92 billion from local and foreign investors, a 10 percent decrease from $2.14 billion raised by 545 companies in 2011 (Israel Venture Capital Research Center).  The Georgia-based EndoChoice merged with Israel’s Peer Medical, raising $43MN in a round of private placement led by Sequoia Capital(MarketWire, January 4).  Benchmark Capital, Battery Ventures and HPV Investmentinvested $16MN in Israel’s Panaya (Globes, Jan. 9).  Sequoia Capital, Bessemer Venture Partners and Norwest Venture Partners invested $15NM in a round of private placement by Israel’s Ravello (Globes, Feb. 7). The NYC-based Millennium Technology Value Partnersinvested $12MN in Israel’s WatchDox (Globes, 31).  Orbimed invested $8MN in Israel’s Medigus (Globes, Jan. 7). $5.5MN invested in Jonathan Medved’s OurCrowd (Globes, Feb. 7).

6.  Israel’s natural gas potential.  Jonathan Baron and Dr. David Wurmser, (Forbes, September 27, 2012): “With in excess of 25 trillion cubic feet of natural gas discovered since 2009, Israel now enjoys historic opportunities to produce domestic, affordable, and secure energy…. Under any realistic scenario, Israel possesses ample supplies to ensure energy security in the power sector for a generation…. The well-established pattern of such development suggests that the natural gas discoveries to date represent only a fraction of the total recoverable resource. Based on other basins, current discoveries in the Israeli Levant Basin likely are only a fraction of the total technically recoverable resources….”

7.  Kinetic Energies – Alternative Electrical Energies, owned by Isaac Sutton, leads a 250MN Euro investment in the construction of 120 megawatt 50 wind-turbines in the Golan Heights (Globes, January 24).

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