The technology company Cisco Systems will invest $ 15 million in venture capital funds in Israel, a measure that seeks to increase its operations outside the United States.
The technology company Cisco Systems will invest $ 15 million in Israel, venture capital funds a measure that seeks to increase its operations outside the United States.
In particular, it is funds that support integration between Arabs and Israelites and bet by the development of innovative technologies in the field of security.
In that regard, since Cisco will fund research in technologies of security online, as well as one that affects health, industrial and financial sectors.
Likewise, the American company it is forming a network of specialised security consultants and are selecting 100 employees who will join the 2,000 that already has on its staff in Israel.
Cisco last year bought the israeli company NDS, dedicated to producing cards for pay television by vision, by an amount of $ 5 billion.
John Chambers, CEO of Cisco Systems, said that Israel is a power in terms of startups and pointed out that it will be the first country that will be 100% digital thanks to a project to create a fiber optic network super fast which could be ready in less than 3 years, and that his company will provide $ 140 million.
The leader also defended China and United States should be those who take to the world of the crisis, now that their wellbeing depend on other countries.
Finally, Chambers has explained that he will continue most of their investments outside the United States, since your country has high taxes.
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