Crushing Israel’s high-tech success
This week saw the news of three significant investments in Israeli technology by multinationals. However, the international community treated the information as worthless. Why?
- GE Healthcare, Medtronic and Change Healthcare are to receive around US$5.5 million dollars each to expand their R&D efforts in the Holy Land. They all already employ hundreds in Israel.
- U.S. sales and marketing software company Salesforce has signed an agreement to acquire Datorama, an Israeli cloud-based artificial intelligence marketing platform. in a deal worth around US$800 million.
- Lockheed Martin and Israel’s Rafael Advanced Defense Systems Ltd have signed a Memorandum of Understanding (MOU) to evaluate potential markets for Rafael’s Smart, Precise Impact missile guidance kits.
Each of these commercial deals will have strong positive knock on effects globally, too complex to relate in detail here. Meanwhile, the international media has focused on Israel’s new nationality law.
Now, I have my own reservations about this law. What it actually does or change is still not clear, which is a clear indication why it is probably a bad act of Parliamentary business. It is certainly seen as an election move by the Prime Minister to shore up his proverbial right wing, as elections appear to be looming.
It is easy to see why the foreign press has focused on the issue. Israel has been ‘fair game’ for decades.
And just as easily as the journalists ignored some positive commercial news, they also “forgot” to write about the thousands of Syrian refugees who benefited from Israeli charity this week. Those refugees are ‘fair game’ for the Assad regime. Conversely, they are fair game to be ignored by the governments of the same critical journalists.
Meanwhile, Israel’s opponents appear holy than thou….to themselves.
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