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Apple to open new R&D center in Israel later this year

Apple to open up a new R&D center later this year in Ra'anana, Israel

| Business, Financial & Legal News | Posted: Feb 11, 2013 2:35 am

Apple has been scooping up a bunch of Israel-based former Texas Instruments employees, and will now give them a new place to go to work in the country, their new R&D center in Ra'anana, Israel.

 

TweakTown image news/2/8/28427_03_apple_to_open_new_r_d_center_in_israel_later_this_year.jpg

 

The news comes from Israeli business publication "Globes". In December of 2011, we saw Apple purchase Israel-based flash memory firm Anobit for between $400-$500 million, their second largest acquisition after NeXT. Intel were also laying out dollar bills on the ground to try and lure in some ex-Texas Instruments employees, but it looks like Apple were the winners here.

 

The Cupertino-based electronics giant were able to grab around 100-150 employees to staff their new development center. Apple will reportedly open up the new R&D center in the city in "the second half of 2013".

NEWS SOURCE
Thenextweb.com

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