Microsoft to invest hundreds of millions of $$$ in Israel’s R&D specialists…
Posted on May 6, 2007 • By Rebecca Markowitz
Category: Business, Technology |
According to Globes:
Microsoft Corp. (Nasdaq: MSFT) launched an aggressive employee recruitment campaign ten days ago. The company plans to hire 150 people, most of them R&D specialists. Microsoft corporate VP Israel Research & Development Moshe Lichtman said that last year the company doubled the manpower at its R&D centers in Israel (from 200 to 400 people), largely as a result of the three companies it recently acquired (Whale Communications, Gteko, and Secure Dimensions). He claimed that the company spent $200 million on the new R&D activity last year, a statement that provides an official basis for the estimates relating to the sizes of the acquisitions (Whale Communications was reportedly acquired for $76 million, Gteko for $120 million, and Secured Dimensions for a few million dollars). “Microsoft plans to spend several hundred million more over the coming years,” he added.
Shmulik Shelah, “Microsoft Israel VP: We’ve spent $200m on R&D here”, Globes, May 3, 2007
If you liked this post, be sure to subscribe to our RSS feed.
Leave a Comment
If you would like to make a comment, please fill out the form below.
About israelplug
Upcoming Events
You may have missed
Tidbits
Search
Subscribe to israelplug
Categories
Sponsors