Top 5 Rich Tech Companies of Israel you must know

      5 Big Tech Companies of Israel Country 

Tech Companies of Israel

1: Babylon (software)

Babylon, a computer dictionary and translation software, was created by Babylon Software Ltd., an Israeli firm situated in Or Yehuda. Founded in 1997 by Israeli entrepreneur Amnon Ovadia, the company went public with its IPO a decade later. Babylon is a noteworthy component of Israel's Download Valley, which is a hub for software companies that generate revenue by offering "free" software downloads bundled with adware.

About Babylon :

iOS: 2.0.1 / 14 February 2013

Windows: 11.0.1.6 / 22 June 2021

Historical Background :

In 1995, Amnon Ovadia, an entrepreneur from Israel, initiated a project aimed at creating an online English-Hebrew dictionary that would seamlessly integrate with the reading experience. This endeavor led to the establishment of Babylon Ltd. in 1997, which subsequently introduced the inaugural version of the Babylon software.

2. Fiverr

Fiverr is a multinational online marketplace from Israel that specializes in freelance services. The platform links freelance service providers (referred to as "sellers") with individuals or businesses seeking to hire such services (referred to as "buyers"). This setup fosters a diverse array of services within an open market. Fiverr derives its name from the original pricing structure when it was established in Tel Aviv in 2010, with all tasks initially offered at a $5 rate, although many sellers now set higher prices.

About Fiverr :

CEO: Micha Kaufman (Feb 1, 2010–)

Headquarters: Tel Aviv-Yafo, Israel

Founded: 2010, Tel Aviv-Yafo, Israel

Revenue: 298 million USD (2021)

Number of employees: 787 (2021)

Subsidiaries: Stoke Talent Ltd., ClearVoice, Inc., MORE

Historical Background :

Fiverr's prior main office located in Tel Aviv.

The inception of Fiverr can be attributed to its founders, Micha Kaufman and Shai Wininger. They envisioned a unique marketplace designed to facilitate a dual-sided platform, enabling individuals to both procure and offer an extensive range of digital services commonly associated with freelance professionals. The spectrum of services available on the platform encompasses tasks such as writing, translation, graphic design, video editing, and programming. Fiverr's service offerings commence at a base rate of $5 but can span to encompass projects worth thousands of dollars.

3 : IBM  

International Business Management (IBM) was established in 1993, serving the customers/importers of paper & paper board with dynamism.

IBM is a worldwide enterprise with a presence in 170 different countries. IBM's journey in research and development in Israel commenced back in 1972, under the guidance of Professor Josef Raviv, with the establishment of the IBM Israel Scientific Center within the Computer Science Building at Technion in Haifa. As of today, a team of over 1000 professionals operates across various IBM R&D sites in Israel, which encompass locations in Haifa, Tel Aviv, Herzliya, Rehovot, and the Jerusalem Technology Park. The comprehensive scope of IBM's research and development activities in Israel encompasses multiple specialized laboratories.

About IBM :

Headquarters: Armonk, New York, United States

Founders: Herman Hollerith, Thomas J. Watson, Charles Ranlett Flint

Founded: June 16, 1911, Endicott, New York, United States

Revenue: 60.53 billion USD (2022)

CEO: Arvind Krishna (Apr 6, 2020–)

Subsidiaries: Red Hat Software, IBM India Private Limited, Apptio, MORE

CFO: James J. Kavanaugh

History :

Originating in 1972 as the IBM Israel Scientific Center, the IBM Haifa Research Lab has witnessed remarkable growth, expanding from a modest trio of researchers to now encompass over five hundred personnel, comprising both full-time employees and a significant contingent of students. Situated in a purpose-built facility near the Haifa University campus, the IBM Haifa Research Lab also maintains branch offices in both Haifa and Tel Aviv. Present undertakings at the lab span a diverse array of fields, including healthcare, cloud computing, formal and simulation-based verification technologies, programming environments, chip design, storage systems, information retrieval, collaborative initiatives, and a host of other projects.

4: Intel

The company's name comes from “integrated electronics.” Intel Desktop Board D915GUX.

Intel Corporation, frequently referred to as Intel, is a prominent American multinational corporation and technology firm with its principal offices located in Santa Clara, California. Renowned as one of the globe's leading producers of semiconductor chips based on revenue, Intel holds a significant role in the development of the widely utilized x86 series of instruction sets, a staple in the majority of personal computers (PCs). Incorporated in the state of Delaware, Intel held a consistent position in the upper echelons of the Fortune 500 list, securing the 45th spot for almost a decade, spanning from the 2007 to 2016 fiscal years.

As Israel's largest privately-held employer and exporter, and as the leader of the local electronics and information industry, Intel Israel is one of the building blocks of Israel's high-tech industry and an important component in the country's economic foundation.

US offering Israel special operations planning and intel support for any hostage rescue effort, official says.

About Intel :

Stock price: INTC (NASDAQ) US$36.88 +0.45 (+1.24%)

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Headquarters: Santa Clara, California, United States

Founders: Gordon Moore, Robert Noyce

Founded: July 18, 1968, Mountain View, California, United States

CEO: Patrick P. Gelsinger (Feb 15, 2021–)

CFO: David Zinsner

Revenue: 63.05 billion USD (2022)

Subsidiaries: Intel Israel, Mobileye, Intel Technology India Pvt Ltd, MORE.

Intel's historical market :

Intel's historical market presence unveils a noteworthy trajectory. During the 1980s, Intel secured a place among the global elite as one of the top ten semiconductor sellers, ultimately ranking 10th in 1987. In the 1990s and early 2000s, Intel, in conjunction with Microsoft Windows, played a pivotal role in the dominance of personal computers, famously known as the "Wintel" era.

Notably, in 1992, Intel ascended to the position of the largest chip manufacturer by revenue, holding this title until 2018 when Samsung momentarily surpassed it. However, Intel regained its leading status the following year. It's worth mentioning that other significant players in the semiconductor industry encompass companies such as TSMC, GlobalFoundries, Samsung, Texas Instruments, Toshiba, STMicroelectronics, United Microelectronics Corporation (UMC), Micron, SK Hynix, Kioxia, and SMIC.

About Intel Israel :

ABOUT INTEL ISRAEL. Intel Israel commenced operations in 1974 and is a development and manufacturing center of Intel Corporation. As a leading technology company in Israel and in the world, Intel develops and manufactures integrated and connected digital technology and computing platforms.

CEO: Yaniv Garty (Mar 2017–)

Parent organization: Intel

Founder: Dov Frohman

Founded: 1974

5: Wix . com

Wix.com Ltd. is an Israeli software company, publicly listed in the US, that provides cloud-based web development services. It offers tools for creating HTML5 websites and mobile sites using online drag-and-drop editing.

Wix.com Ltd., also known by its Hebrew name וויקס.קום, is an Israeli software firm that is publicly traded in the United States. This company specializes in delivering web development services through cloud-based platforms. Wix provides a comprehensive suite of tools that enable users to craft HTML5 websites and mobile sites with the ease of online drag-and-drop editing.

In addition to its primary headquarters and various offices situated within Israel, Wix has established a global presence. Its international offices are strategically located in countries such as Brazil, Canada, Germany, India, Ireland, Japan, Lithuania, Poland, the Netherlands, the United States, Ukraine, and Singapore. This widespread presence underscores Wix's commitment to serving a diverse and extensive clientele across the world.

About Wix :

Stock price: WIX (NASDAQ) US$85.82 -1.34 (-1.54%)

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Founders: Avishai Abrahami, Giora Kaplan, Nadav Abrahami

Number of employees: 4,472 (December 2022)

Total assets: 1.758 billion USD (2022)

President: Nir Zohar

CEO: Avishai Abrahami (Sep 2010–)

Headquarters: Tel Aviv-Yafo, Israel

Founded: October 5, 2006, Tel Aviv-Yafo, Israel

History:

Established in 2006, Wix was brought to life by a team of Israeli developers, namely Avishai Abrahami, Nadav Abrahami, and Giora Kaplan. The company's primary operational hub is situated in Tel Aviv. Wix received substantial backing from a consortium of investors, including Insight Venture Partners, Mangrove Capital Partners, Bessemer Venture Partners, DAG Ventures, and Benchmark Capital. In the year 2007, the company embarked on an open beta phase, deploying a platform that relied on Adobe Flash technology.

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