IBM considers investing in Israeli start-ups
Senior company executives to fly to Israel next month, tighten ties to Israeli high-tech industry
A series of senior executives from IBM in the United States, including two vice presidents, are set to arrive in Israel at the beginning of next month in order to meet with venture capital fund managers.
IBM’s elite is expected to reveal before the local venture capital fund community its strategy for investing in Israeli start-up companies, including probing of possible promising future software projects.
IBM heads hope to present themselves in Israel and to take advantage of the knowledge and connections of the venture capital fund managers in the local market.
Among the executives to arrive in Israel are IBM Web Communities and Developer Relations VP Gina Poole, IBM retail-industry strategist Christopher Wong, Computer Science Research Lab VP Stuart Feldman, and Strategic Alliances Director Deborah Magid.
Manager of the Global Technology Unit & International Cluster in Israel Yoel Nahari said Wednesday that the guests on the list, and particularly those of senior rank, reflect how important IBM feels strengthening its bond with the Israeli hi-tech industry is.
