Intel Acquisitions Connect Israel and America

  • Intel has facilities in Haifa, Petah Tikvah, Jerusalem, and Kiryat Gat.
  • Intel has made two major Israeli acquisitions, Mobileye and Habana Labs, since March 2017.
  • Israel technology makes Israel important to America and the whole world.

The connection of Intel to Israel is proof of the importance of American interest in Middle East peace. Intel, an American multinational corporation and technology company headquartered in Santa Clara, California, has many locations in Israel. Intel began operations in Israel in 1974.

Mobileye is an Israeli subsidiary of Intel corporation that develops vision-based self-driving car and advanced driver-assistance systems (ADAS) providing warnings for collision prevention and mitigation.

It develops and manufactures integrated and digital technology and computer platforms. Primary conductors are its primary products. It has development centers in Haifa, Petah Tikvah, and Jerusalem. Intel’s most advanced manufacturing facility is located in Kiryat Gat.

In March 2017, Intel announced that they had purchased Mobileye Israel for an enormous sum of $15.3 billion, the largest acquisition in Israeli history. Intel has also just acquired Israeli chip maker Habana Labs for $2 billion. The acquisition is the company’s second largest in Israel to date.

Habana is an AI processor developer producing powerful artificial intelligence processors optimized for training deep neutral networks and artificial intelligence. Through this purchase, Intel hopes to strengthen its artificial intelligence portfolio, and accelerate its efforts in the fast growing Al silicon market expected to be worth more than $25 billion by 2024. After the acquisition, Habana will continue to operate as an independent business unit in Israel, led by its current management team. Habana employs 150 people worldwide at its offices in Tel Aviv, Caesarea, California, Beijing, and Gdansk.

After its acquisition by Intel, Habana Labs will continue to operate as an independent business unit in Israel, led by its current management team.

In January, Intel announced its plans on building a vast production facility in Kiryat Gat, an investment of $10.9 billion, and to add another 1000 employees to the Intel workforce in Israel. Intel employs nearly 13,000 people in the country exporting products worth $3.9 billion. The plan was postponed in January, and will be renewed shortly. Construction on this new plant was initially planned to end in 2024.

In its plant in Haifa, Intel launched its most powerful generation of laptop processors to date. In April 2019, it was announced that these 9th Gen Intel Core mobile H series processors are aimed at gamers and video graphic creators, boasting an overall better than 33% performance, compared with a three year old PC. The executive office stated, “we are bringing desktop-caliber performance up to 5Ghz and 8 cores in a range of thinner systems and new level connectivity with Wi-Fi 6 so user can game and create where they want.” The new generation of processors will be on sale in laptops produced by companies including Acer, ASUS, Dell, HP, Lenovo, and MSI.

Israel technology makes Israel important to America and the whole world. It is a good reason for U.S. President Donald Trump, a businessman, going head over heels for Israel and its survival. Defending Israel is also defending Intel and other American companies, which have investments in Israel.

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David Wexelman

Author of 5 books on the internet on topics of Jewish mysticism, managing two websites. www.progressivejewishspirituality.net
http://www.worldunitypeace.org

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