[back]
| US Companies with Investments in Israel
ADC - Purchased Teledata for $200m(9/98) Adkit Inc - Wholly owned subsidiary in Israel Advanced Medical Systems - Wholly owned subsidiary in Israel A.G. Associates (CA) - Has subsidiary in Israel, A.G. Israel (semic equip) Agra Co Ltd - Wholly owned subsidiary Agar Technologies Ltd AirSep Corporation (Buffalo,NY) - Has a rep in Israel, Medox Ltd., POB 15082, Ashdod, Dr. Evgeny Tiomkin, Tel. 08-856-5682, Fax. 856-3450 A.L. Laboratories - 19% ownership of Perio Products Paul Allen - Invested $20m in in CommTouch via the investment company Vulcan Ventures & Go2Net, both of which he controls. Ambient - Merged with Ordacard (smart card security firms). Ordacard is located in the Caesarea Or Akiva Ind Zone AMCI International (UT) - Buys e commerce unit of OSCM – One Stop.Com Inc for $5m and 60% of US co’s shares (11/99) America On Line (AOL)- Purchased 100% of Ubique Ltd. in Rehovot in 1993 for $14.5m. Purchased Mirabilis for $287m (5/98) American Aviation Ltd - 25% interest in American Aviation Ltd Israel American Intl Group - Joint Venture (JV) with Aurec to form insurance company in Israel, 06.05.96 Invests $40m in Orion Capital Fund (5/99) American Natl Can Co - 33% ownership of Lagin Box & Can Co Ltd American Partners - Invested $370 million in a new tourism project on the Israeli-Jordanian border between Eilat and Aqaba, via a joint company called "The Peace Company," which Is setting up a large hotel and entertainment center, to be called the Grand Oasis. (9/98) Amiable Technologies (PA) - Merged with Scanvec (2/99) Ampal American Israel Corp - Bought 1/3 of the shared networks operation of Motorola for $120 million (11/97) Analog Devices - Opened R&D Center in Herzliya (1/97) A.P. Acquisition Inc (TX) - 13% ownership of Meromit Metal Works/Ashkelon Apax Partners - Raised $50 million for the new Apax Israel II Fund Applied Materials (CA) - 100% of Opal Technologies $175m(12/96). 100% of Orbot Instrumentation $110m(12/96) Total of both of above $285m Arison Investments - Acquired 30% stake in EuroCom Communications for $203million (7/97) Exercised an option to acquire an additional 19% of Eurocom communications (1/99) Purchases for NIS 3b for 34.5% stake in Bank Hapoalim (7/97) With Teva, Len Abramson and Prof Bernard Goldwasser established $20m biomedical fund (9/97) Buys an additional share in 9/98. Owns 50% of Nirlat Ltd. Owns 100% of Orbond Ltd. Astronautics Corp of America(WI) - Wholly owned subsidiary Astronautics CA Ltd AT&T Communications Inc - JV with Barak for internet hookups, several million dollars (8/98) AT&T Investment Mgt Corp - Invested $15m in Kardan Technology Ventures (8/97) Athena Venture Partners LP - 21% interest in Gambit Computers Communications Atochem North America Inc - Wholly owned subsidiary Safe Pack Services A&W Root Beer - Planning 5 frnachise operations in Israel (Gvanim) BAAN - Setup venture capital fund to invest in Israel (1998) Purchased 50% of start-up TopTier for $50m Purchased Aventus Logistics for $15m Backweb - Invested in Backweb Israel Ltd Baltimore Spices - Has subsidiary in Israel, wholly owned. Bankers Trust - BT Alex Brown $20m investment in ABS Giza Israel Fund (11/97) Bankers Trust - Investing in Israeli real estate (2/98) Barnwell Industries Inc - 100% ownership of Barnwell Israel Ltd Baxter Travenol Laboratories Inc Bay Network (CA) - 100% of Armon Networking (12/96) $33m Ben & Jerry's - Franchise Operation Berlitz - Will make Israel their regional hub for the area Bindview Development - Acquired Netect, a developer of software security products for communications networks, for $35m (2/99) BioRad (CA) - Has R&D Facility in Israel Biotechnology General Corp - 100% ownership of Biotechnology General Blockbuster Video - Franchise Operation BMC Software (Houston,TX) - Purch New Dimension for $650m (3/99) Boeing - Invested $10m in RADA, to buy 42% of RADA. Invested $13m in Jerusalem Venture Partners (6/99) Boston Scientific - Purchased 25% of Medinol (1995) Boston Systematics Ltd (MA) - 40% ownership of Boston Systematics Ltd Israel Brink's Incorporated(CT) - 70% ownership of Brinks Israel Ltd Burger King - Franchise Operation (Rikamor Ltd). Opened 4 new branches 12/96, total now 26 with 50 planned Burson Marsteller PR C.A. Computer Associates - 100% ownership of C.A. Computer Assoc Israel. Appointed special rep in Israel to sniff out Israeli startups Acquired Security-7 for $19m (6/99) Cable Systems (AZ) - Subsidiary purchased Cvalim for $55m (4/98) Cadence (CA) - Investment in Israel (Software) Callware Technologies (UT) - Purchased SoftTalk Communications (1996) now called CallWare. Caltex Petroleum (TX) - Invested $50m in local gas distribution (9/97) Capital Group Companies (CGL) - Purchased 5.6% of Bank Leumi (3/99) Purchased 10% of Sapiens for $20m (6/99) Cardtools Systems Corp (CA) - 100% ownership of Cardtools Systems (Israel) Cargill (MN) - Bought 10% share of Contren Grain Facility at Ashdod (5/97) Carnegie International - Purchased Netgong for $200-300 million (5/99) Carol Austin Corp - 15% ownership of Orbotech Carrier Corp - Purchased 26% of Tadiran Appliances for $17.5m (3/97) CBIS (Cincinnati Bell) - Purchased 20% stake in Wiztec Solutions of Herzliya for $11m (8/97) Cede Corp - 48% ownership of BVR Technologies Chase Manhattan Corp Bank(NY) - Will work through Tamir-Fishman Co (9/99) Chasm Group (CA) - Has chosen HK Catalyst as its Israeli affiliate (12/98) Chip Express Corp (CA) - Owns 100% of Quick Technologies Ltd Chipcom Corp (MA) - Owns 100% of Chipcom Ltd Chromalloy Gas Turbine Co (TX) - Owns 100% of TorboChrom Ltd Cisco Systems Ltd (CA) - Established a development center in Netanya (4/97) Acquired Class Data Systems of Ranana for $50m (5/98) Citibank (NY) - Begins offering full banking services in Israel (6/00) Clinical Data Inc - 17% ownership of Novachem CNET (San Francisco, CA) - Purchased 4.25% of Hypernix for $2.64m (8/99). Invested $11m in Deltathree.com for 5% stake (11/99) Coca-Cola Company - Franchise Operation Coldwell Banker Real Estate - Opens Israel Office (6/99) with TA’s Zerf & Nir Compaq Computer Corp(TX) - Invested $3m in Kardan Venture Technologies(5/98) Comverse Technology (NY) - Owns 99% of Efrat Future Technology Conceptland Partners Ltd - 100% ownership of Conceptland Ltd Condor Pacific Industries - 70% ownership of Condor Pacific Ltd Conexant - Recently spun-off from Rockwell International, invested $10m in 1999 in its Israeli development centers in Herzliya and Carmiel for the development of high?speed modems. The new technologies – which work 10 times as fast as presently existing modems – will facilitate the transmission of "heavier" files on the Internet, such as video and audio. Consist International Inc (NY) - Owns 100% of Consist Israel Software Co Control Data Corp Convergys Info Management Group - Purchased all public shares of WizTec Ltd (3/99) Courier Network Inc (NY) - Owns 95% of Courier Network Israel Ltd Cowen - $75m VC fund with Dovrat Schrem & Travelers - Polaris 2 (7/96) Crescendo Ventures - Invested in Ensemble Communications’ 2 nd private placement of a total of $13.1m(1/99) Culligan - JV with Khaled Qutob, 10/28/95 West Bank Cylink (Sunnyvale, CA) - Purchased Algorithmic Tech for $83m (9/97) Daily Jeans Inc - Owns 100% of JGS Ltd Dale Electronics Inc (NE) - Owns 100% of Dale Israel Electronic Inc Dalia Ferscher - Owns 18% of 4th Dimension Software Ltd. Owns 50% of Einav Systems Daniel Abrahams - Owns 25% of the Jerusalem Report Data General Corp (MA) - Owns 100% of Data General Technologies. Opens Representative Office in Tel Aviv (7/99) Davidson Aluminum & Metal(NY) - Owns 100% of Davidson Aluminum (Israel) Days Inn of America - Franchise Operation Deloitte and Touche Delux Laboratories (CA) - Invested $10m in a regional laboratory (11/99) Deutsch Company Inc(CA) - Owns 80% of Deutsch Dagan Ltd DIA Tech Inc - Owns 100% of DIA Tech Diagnostics Ltd Digital Equipment Co (DEC)(MA) - Owns 100% of Digital Equipment Israel. Owns 100% of DECSYS. Owns 100% of Negev Software Industries Domino's Pizza Intl - Franchise Operation (Omni Food Brands Ltd) Donna Karan Company - Franchise Operation (Boom Fashion Products Marketing Ltd) Dow Chemicals - Inv $750,000 in Asheklon Technological Industries, the local incubator (2/98). With other will invest in 6 hi-tech incubators in Israel. D.S.S.I. Inc(NJ) - Owns 100% of Decision Systems Israel DSP Communications (CA) - R&D Subsidiary in Israel DSP Group Inc (CA) - R&D Subsidiary in Israel. Owns 100% of DSP Group Israel Ltd Dun & Bradstreet Corp (NY) - Owns 100% of Dun & Bradstreet Intl (Israel) Eastman Kodak (NY) - See Picture Vision. $2.5m investment in Eucalyptus Ventures (9/98) E.C.C. Ltd. (NY) - Owns 100% of I.C.C. (Israel)Chemicals E.M.K. Investments Ltd. - 50% of PB Projects Insulation EDO Corp - Owns 100% of Edo Operations (Israel) EFI Corp (IN) - Owns 100% of EFI Israel Elf Atochem NA (PA) - Owns 100% of Safepack Products Ltd Elocot Inc (MD) - Owns 50% of Eliana Ltd Empire Trust - Owns 45% of Jerusalem Pencils Ltd A Epstein & Sons Intl (IL) - Wholly owned subsidiary in Israel E*TRADE Group (CA) - Entered in licensing agreement with Jerusalem Global to provide branded on line investing service to individual investors (5/98) Eucalyptus Ventures (CA) - Raised $34m for investment in hi-tech companies. Intends to raise an additional $16m Excalibur Inc (NY) - Owns 99% of Excalibur (Israel) Ltd. Fairchild Inc - Owns 40% of Teuza VC Fund FEI Inc (NY) - Owns 5% of TFL Time & Frequency Fibronics Intl Inc (MA) - Owns 100% of Fibronics Ltd Fidelity Medical Inc(NY) - Owns 100% of Fidelity Medical Israel Fingermatrix (NY) - Signed JV agreement with Team Computers and Systems and Imagestore Systems Ltd to develop applications for border security and to integrate fingerprint ID technology for an unnamed Eastern European country Fleishman-Hillard Public Rel - JV with Dotan Communications (10/96) Fonar Corp (NY) - Owns 65% of Fonar Ltd Forstmann Little Co - Owns 80% of General Instrument Data Foxboro - Purchased 51% of Elbit-ATI (12/96) Franklin Templeton Group (CA) - Purchased 5.3% of Formula Systmes for NIS 55m (6/99) Frantz Medical Dev Ltd (NY) - Owns 80% of Franztech Ltd Freeborn Corp - Owns 11% of Israel Maritime Bank Ltd Fritz Comnpanies Inc (CA) - Owns 25% of Fritz Company Israel Ltd Galaxy Aerospace (Pritzker) - JV with Israel Aircraft to produce business jets (2/97) GaSonics (CA) - Semic equip subsidiary in Israel. Set up a research and development center in Israel (3/98). The center will engage in the development of software, hardware and technologies for the company's future products. The company also expects to start manufacturing its products in Israel in 2 years. GE Capital Services - $10m investment in ABS Giza Israel Fund (11/97). Invested $10m in the Israeli car leasing company Albar in exchange for 26% of its shares (10/98). Gelman Sciences Inc (M I) - Owns 100% of Gelman Science Technology General Electric - Invests in part of $10m Precise offering (8/99) General Electric Medical Systems - JV with Elscint to (ELGEMS) engineer and manufacture nuclear medical imaging products (7/97). Purchased Elbit Medical Imaging's ultrasound division, Diasonics Vingmed, for $230m (2/98) Opened “Center of Excellence” (2/99) General Electric Information Services - With Discount Investment Corporation announced the establishment of a joint company to provide electronic trade services, known as EDI, with an investment of $2.5 million (10/97). General Instrument Corp - Owns 25% of Phasecom (Israel) Ltd General Microwave Corp (NY) - Owns 100% of General Microwave Israel General Motors General Nutrition - To open 15 local stores in Israel (4/97) Genesis Partners - Invested $3.5m in Agentics Ltd with Japan’s Softbank(12/98) Genzyme (Massachusetts) - Genzyme Ltd. subsidiary (7/96) Geotek Industries Inc (NJ) - Owns 60% of PST. Owns 100% of Oram Electric Industries Ltd. Owns 100% of Patlex Ind Ltd Owns 92% of Reshef Technologies Ltd Goldman Sachs - Purchases 9.5% of Israel Discount Bank for NIS280m (12/97). Purchased 3.6% of Bank HaPoalim for $130m (6/98) Purchased 0.38% of Bank HaPoalim for $13m (7/98). Purchased 2% of Bank HaPoalim for $59.1m (4/99) Gould Computer (NC) - Owns 100% of Gould Electronics Graphnet Inc (NJ) - Owns 100% of Graphnet Israel Ltd Greenfield Industries - Purchased Hanita Metalworks Ltd (Koor) for $35m (4/97) Industries from Koor (1/97) Groban Supply Co (IL) - Owns 50% of Hydrolit Israel Ltd Guard Quality - Owns 100% of Ben & Jerry's Israel Ltd Guardian Industries Haagen Dazs Holding Inc - Franchise Operation (Omni Food Brands Ltd) Hambrecht & Quist (CA) - Partnership with Tamir Fishman Harmonic Light Waves (CA) - Subsidiary in Israel (wireless comm) Harris Adacom Corp (TX) - Owns 54% of Adacom Technologies Ltd. Owns 90% of ACE 400 Communications Ltd. Owns part of Masof Ltd. Hasbro Inc - JV with Jerusalem Pencil Co Healthco Intl Inc (MA) - Owns 99% of Healthco Ltd Heiman Bros - Owns 100% of Pridecraft Ltd Heinz - Purchases 51% of Remedia (7/99) HeliOss Communications (MA) - Has Helicomm Communications Systems, wholly owned subsidiary Hertz Corp - Franchise Operation (Kesher Rentacar) Hertz Technologies (NY) - Hertz Computers Israel (merged with Zodiac Technologies in Israel 4/97) Hewlett Packard (CA) - R&D Center in Israel. Owns Computation & Measurement Ltd $19m (6/98) Hilton International Co - Franchise Operation (Tel Aviv Hilton) Holenberg - Owns 36% of 4th Dimension Software Ltd Holiday Inn Worldwide - Franchise Operation (Africa Israel Investments Ltd) Holland & Knight (FL) - First US law firm to open office in Israel using Haim Samet, Steinmetz, Haring & Co (6/99) Home Products (Chicago) - Merged with ZAG (9/97) Howard Johnson's Hotels - Built first hotel at the Dead Sea (7/98) now has additional properties in Israel throughout the country Hyatt Intl Corp - Franchise Operation (Hyatt Regency Jerusalem Hotel) I.B.D.A. - Owns 26% of Technoplast IBI (with Merrill Lynch) - Purchased 10% of Mashov marketing's Walla! Communications for $2m (5/99) IBM (Lotus) - Purchased Ubique from America On Line (5/98) - Owns 100% of Softel. Owns 100% of IBM Israel Ltd IDEO (Palo Alto, CA) - Industrial design and product development company established an office in Israel (4/98) I-Link (UT) - Setup ViaNet Tech in Ramat Hasharon as an R&D subsidiary (4/98) Imation Corp (3M) - JV with Scitex Corp to integrate realist print engine developed by Scitex's Iris Graphics Informix - Purchased 19.58% of Comsoft Technologies(1997) Inserch - $50m investment with Avner & Delek to search for oil off the coast of Israel (9/96) Integral International - Owns 100% of Eltek Ltd Intel Corp (CA) - Fab facility in Jerusalem - $1.6b new facility in Kiryat Gat now open Design Center in Haifa. 5% holding in RADVision for $1m (4/97). Acquired Shani. Invested in RADGuard (5/98). Owns 100% of Intel Israel (1974) Ltd. Inaugurated $20m development campus in Haifa(1998). Invested in TelesciCOM of Holon (4/99) no amount given. Acqires DSP for $1.6b (10/99) International Paper Inc - Owns 11% of Scitex Ltd International Telecomm - Owns 100% of ITTI Ltd ISD(Information Storage Devices) - Acquired COMPACTSPEECH product line from National Semiconductor Israel for $5m (10/97). ISD will invest several million dollars annually in R&D in Israel. I-Sight Inc (NY) - Owns 99% of I-Sight Inc Israel Investment Co - Owns 99% of Israel Tractors & Equip Co Isratech Ltd (NY) - Owns 100% of Satec Ltd James River Corp - Franchise Operation (Ducart Packaging Industries Ltd) Janney Montgomery Scott (PA) - Strategic Alliance with Israel Discount Bank Capital Markets (6/99) Johnson & Johnson - Opened office in Israel near Shfayim. Took-over Biosense, a Haifa-based producer of medical equipment for stock worth estimated $400 million in J&J shares in total (9/97). Invested with Polaris & Omega in an Israel VC fund to assist medical startups Kemp Industries Inc (NJ) - Owns 100% of Kemp Israel Ltd Kenny Rogers Roasters - Franchise Operation (Roasters Israel Ltd) Kentucky Fried Chicken Corp - Franchise Operation (Clal Trading Ltd) Kimberly Clark Corp - 49.9% interest in Hogla (6/96) through America-Israel PaperMills $49.9m KLA (CA) - Mfg subsidiary in Israel, semic equip. Owns 100% of KLA Instruments Israal Ltd. KPMG - Joined with Somekh Chaikan in Israel (9/98) Robert Kraft - New investment of $40m in Carmel Container Systems (7/97) new Ceasaria plant. Kulicke & Soffa Industries - Owns 100% of Kulicke & Soffa Israel Ltd Landseas Corp (CT) - Owns 100% of Landseas (Israel) Ltd Ronald Lauder - 80% of Jerusalem Capital Studios (12/96) $15.6m. Purchased Ron Shmueli's Catering Co for $5m Lehmann Brothers - Bought 2% of Bank Leumi for $52 m (4/98). Bought 1.45% of Bank Leumi, completing a purchase of four percent of the bank, $34.1 million for its stake (3/99) Purchased 4.5% of Leader Investments for $2m (4/99). Purchased 8% of Nice Systems for $38.7m(12/99) Lernout & Hauspie Speech Products (MA) - Purchased 24.5% of Accent for $4m (7/98) Levit & Morrows - Owns 54% of Taro Vit Industries Liberty Electronics (NY) - Owns 25% of Kamtech Systems Ltd Eli Lilly & Co (Indianapolis) - Opened Tel Aviv office for clinical trials & marketing (4/97) LivePicture - Acquired Oliver Software (10/97) Lockwood Greene (GA) - JV with Ludan Engineering to form Ludan Lockwood Greene (LLG) (7/98) L'Oreal - Purchased 35.5% of Interbeauty (12/96) $9m LSI Logic (CA) - R&D Center in Israel semic Lucent - Invested $6 million in Israeli company WaveAccess in exchange for control of 20%. WaveAccess specializes in digital, wireless technology for Internet access, and urban and regional networks (6/98). Purchased 80% of WaveAccess for $50 m (11/98) Lucent Microelectronics Grp - Invested $10m for 10% of Chip Express Corp (5/98) Lucent Technologies - Purchased Lannet for $117m(7/98) MacAndrews & Forbes (NY) - Owns 100% of Revlon Israel Ltd MacDermid Inc (CT) - Owns 100% of MacDermid Israel Ltd M/A-Com Inc (MA) - Owns Iscom Israel Communications Madge Networking (CA) - Acquired Lannet Man & Hafetz Development(MA) - Owns 84% of American Gypsum Ltd Manhattan Bagel (NJ) - Franchise Operation, 15 stores planned (7/98) Manpower Inc (WI) - Owns 100% of Manpower Israel Ltd Marriott Hotels - Franchise operations beginning 7/98 Mast Holding Inc (Limited) - Owns 53% of Middle East Metal Ltd Mast Industries (MA) - Owns 44% of Macpell Industries McDonalds Corp - Franchise Operation (McDonalds Israel) MCI - Bezeq International and MCI announced on 3 Feb 98 joint $40 million investment to set up and operate the world's most advanced automated teller machine system. Medical Science Partners - With others, including Dow, has invested in 6 hi-tech incubators in Israel. Medscape - Purchased 12% of SoftWatch for $3m. Erwin Meltzer - Owns 28% of Rogosin Enterprises Ltd Memorex Telex Corp(TX) - Owns 100% of Memorex Telex (Israel) Ltd Mennen Medical Inc (NY) - Owns 100% of Mennen Medical Ltd Merck - Opened subsidiary in Israel (6/97). Has been selling through Assia-Reisl (Teva) Mercury Interactive (CA) - Investor in Hambricht & Quist. Owns 100% of Merucry Interactive (Israel) Acquired Conduct Ltd (12/99) Meridien International - Owns 73% of Rafa Laboratories Ltd Merrill Lynch - Purchases 12.5% interest in Bezek (7/97) for $250m (with IBI). Purchased 10% of Mashov marketing's Walla! Communications for $2m (5/99) MetaInfo (Seattle) - Merger with Checkpoint Software Technologies (Ramat Gan) in a deal worth $27.5m (4/98), MetaInfo now a wholly owned subsidiary of Checkpoint. Micet Corp - Owns 100% of Microkim Ltd Microsoft Corp (WA) - Owns 100% of Microsoft Israel Ltd in Haifa. Purchased Panorama Systems (10/96)$18m Invested $7.5m in Orion venture capital fund. (5/98) Miltope Corp (NY) - Owns Milper Ltd Modern Video Film Ltd - Owns 60% of Modern Plast Ltd Monster Cable Products Inc (CA) - Owns 100% of Monster Cable Products Inc Morgan Stanley - Purch 1.8% of Koor Group (3/97) - Owns 5% of SuperSol Motorola - Owns Motorola Israel Ltd. Owns Motorola-Tadiran Cellular. Founded fund for investment in local tech cos (1998) Multi Commercial Bank (NY) - Part of the Safdie Group opened office in Isr (2/99) NBA - Franchise Operation (Elite Ltd, Lodzia Rotex Textile Ltd, Modan Industries Ltd., Palphot Ltd., Paradise Mattresses Ltd.) National Education Corp - 100% of Edunetics (12/96) $12m National Semiconductor (CA) - Design subsidiary in Israel. Owns 100% of National Semiconductors Ltd Nations Bank/Montgomery Securities - Owns a part of Mediagate (9/98) Negotiator Pro Co - Opened Israel subsidiary Mediation & Negotiation Ltd (5/97) Netmanage Inc (CA) - 2 subsidiaries in Israel Newbury Ventures (CA) - VC Fund in Israel Harry Newton/Conmputer Tech Expo - Owns a part of Mediagate (9/98) Newtronix Systems Inc - Owns 50% of Eastronics Ltd Nippon Industries Inc (NY) - Owns 25% of Efal Chemical Industries Nostrom Establishment - Owns 62% of Bond America Israel Blade North Hills Electronics (NY) - Owns 100% of North Hills Israel Ltd Numar Corp (PA) - Owns 100% of Numalog Ltd Octel Communications (CA) - Acquisition of Allegro Opal Inc (CA) - Owns 100% of Opal Technologies Ltd Optomic Technologies Corp - Owns 100% of Optomic Technologies Ltd Oracle (CA) - Reported ready to buyout ISG (12/98) Oram Corp - Owns 6% of Arit Technologies Ltd OSCM-One Stop - Purchased Brown Systems, Hod Hasharon (7/99) Overseas Public Util Gas (NY) - Owns 53% of American Israeli Gas Corp Paper Board Mills - Owns American Paper Industries Ltd Parametric Tech Corp (MA) - Owns 100% of Parametric Parexel Intl Corp - Purchased 100% of Lansal Clinical Pharmaceutics Parsons Corp - IDE Technologies Ltd (Ra'anana) $200 million JV to build world's first vertical water treatment plant in CA. Pepsico - Franchise Operation (Clal Trading Ltd., Elite Ltd., Tempo Beer Industries. Ltd.). Purchases 50% of Elite Food Products, a subsidiary of Elite Industries (11/98). Purchased 50% of Elite Food for $10 million (2/99) Pfizer Picture Vision (VA) - Has Israel R&D Center. Now 51% owned by Eastman Kodak Pharmos Corp - Owns 100% of Pharmos Ltd Phillip Bros Chem (NJ) - Owns 100% of Koffolk Ltd Pizza Hut Inc - Franchise Operation (Pizza Hut Israel). Will invest $4.5m in 1999 in new facilities Planet Hollywood- Opened restaurant in Tel Aviv (4/96), as well as in Eilat Platinum - Acquired Memco for $500 million (8/98) Polaroid Porta Inc (NY) - Owns 100% of North Hills Israel Ltd Porter Novelli International - JV with Gitam/BBDO in Public Relations (9/96) Preagitzer Industries (OR) - Acquired Oranit, PCB Design Center (4/98) Pratt & Whitney - JV w/Wertheimer Group's Blades Technology. Conducting negotiations for the acquisition of Beit Shemesh Engines. Beit Shemesh Engines, which went public in 1997, is traded at a $24 million value, and is controlled by Ormat. (10/98) Invested $100-150m additional in Blades Technology for the construction of a new plant in the Bar Lev Industrial Pk (8/99) Praxair - 50.01% of Maxima (12/96) $12.9m Price Waterhouse - Opens Price Waterhouse Israel (8/97). Launches $50m local investment fund (1/99) Primerica Corp Ltd (NY) - Owns 100% of Commercial Credit Service Prudential Securities - JV with YLR Capital Markets (IDB Group & Israel Corp) to establish $50 m equity fund 07.05.96 Purotec Intl Inc (NY) - Owns 99% of Purotec Ltd QualComm (San Diego) - Has design center in Israel Racom - JV with Tadiran opens factory for producing wireless communication systems in Omer (2/98). Raddison Hotels Intl - Franchise Operation (Moriah Hotels) Ralston Purina Co- Franchise Operation (CTS Ltd) Raychem Corporation (CA) - Owns 100% of Rachem Ltd Ready Systems Corp (CA) - Owns 100% of Ready Systems Israel Ltd Remax Integrity Realtors - Franchise Operation (Impact Development) Republic Natl Bank - 100% of Bank Mizrachi NY ($28m) 1/97 Reserve Corp - Owns 98% of Global Plastic Industries Robert Half Intl (NY) - Owns 100% of Rober Half Israel Ltd Robertson Stephens (CA) - Investment in Evergreen VC Robomatix Ltd (NJ) - Owns 100% of Robomatix Ltd Rockwell International - Setup semiconductor systems division(6/96) Rogosin Enterprises Ltd (NY) - Owns 100% of Rogosin Enterprises Ltd Rosh Intelligent Systems (MA) - Owns 100% of Rosh Intelligent Systems Rospatch Inc - Owns 25% of Atir Ltd Royal Crown Cola Co - Franchise Operation (Jafori Tabori Ltd) RSL (Ronald Lauder Group) - Purchases 51% of Delta Three(12/97) SafeScience (MA) - Partnered with Migal Galilee Tech Center (5/98) Safra National Bank (NY) - Purchased United Mizrahi Bank and Trust Co for $30m (10/96) SanDisk (CA) - Flash Memory subsidiary in Israel Sapiens USA (CA) - Owns 100% of Software Craftsmen (Israel) Ltd Sara Lee - 25% interest in Delta Galil. JV with Nilit for production of POY yarns (9/96) Owns 100% of Sara Lee International Savyon Diagnostics (NY) - Owns 100% of Savyon Diagnostics Ltd SBP Nederland NV (NY) - Owns 50% of Aurec Ltd Scientific Components Ltd - Owns 80% of Rav On Electronics J E Seagram Corp (NY) - Owns 100% of International Distillers Seattle - Invested $370 million in a new tourism project on the Israeli-Jordanian border between Eilat and Aqaba, via a joint company called "The Peace Company," which will set up a large hotel and entertainment center, to be called the Grand Oasis. (9/98) Segnatron Inc (NJ) - Owns 17% of Segnatron Israel Ltd Shamrock Holdings (CA) - Owns 40% of Cable Systems Media. Invested money in First Access (9/98) Purchased $5m shares in Paradigm Geophysical (4/99) Sheraton Management (MA) - Owns Cosmopolitan Hotel Ltd Shileich Corp - Owns 25% of Narex Middle East Ltd Sigma-Aldrich Corp (MO) - Owns 100% of Makor Chemicals Ltd Sild Unit Parts Co Inc (NJ) - Owns 100% of Sealco Thermo Electronics Silicon Graphics Inc - Local R&D Center to open in Herzliya(12/99) Silvaco Intl Inc (CA) - Owns 100% of Silvaco Israel Ltd Simoden Enterprises Ltd (MI) - Owns 85% of Simoden Ltd Slant/Fin Corp (NY) - Owns 100% of Salnt Fin-Hidron Ltd Smith Barney - Opened Tel Aviv office 6/96. Decided to expand Israel operations (6/97) Solectron (CA) - Opens office in Israel (6/98) Soros Group - Increased investment in El-Rov Israel Ltd from 16% to 23% (4/97). Quantum Emerging and Dolphin were the two VC funds that participated in this acquisition. Reduced stake to 12% (6/99). Increased investment in Indigo with P.C. Chatterjee by $8.9 million (6/97) Sotheby's Holdings Inc (NY) - Owns 100% of Sotheby's Israel Ltd Sportmart Inc - Franchise Operation (Sportmart Israel) Stafford Capital (PA) - $100m Israeli Real estate Investment (9/97) Standard Textile (OH) - 50% ownership of Arad Towels Ltd Stanley Works (CT) - Bought 90% of ZAG for $117m in cash (5/98) Steinhardt Company - Owns 10% of Idan Software Industries ISIL Stewart Information Services Corporation - Purch minority interest in Israel's first private mortgage insurance company, Ezer Mortgages Holdings (6/98) Subway - Franchise Operation Sudbury Systems Inc (MA) - Owns 100% of Sudbury Systems Sunburst Communications Inc - Owns 3% of Logal Software Inc SunDisk (CA) - Opened design center in Israel (12/96) Sun Guard Data Systems(PA) - Purch Oshap Technologies for $210m (3/99) Sun Microsystems - Opened Sun Microsystems Israel (7/96). Purchased a $6m interest in Precise Connectivity (6/99) Superior Telecom - Bought 51% of Zion Cables United Works for NIS 90m (3/98) Taco Bell - Franchise Operation (Clal Trading) Talos Intl Inc - Owns 100% of Mada Printing Systems Tandem Computers - Opens R&D Center in Haifa with $1.5m TBWA - Purchased 25% of Yehoshua and Partners advertising (1/98) TBWA is part of Omicron Group Tech Export (MA) - Owns 30% of Ligad Technical Data Ltd Teledyne Analytical Instr - Franchise Operation (International Process Controls Co Ltd) Teradyne (Boston) - Purchased 20% of TEM in Givat Shaul (12/96) part of E&M Terayon(CA) - Acquires Telegate (10/99) Acquires Radwiz for $64m (10/99) Texas Instruments - Acquired Butterfly for $50m (1/99). Purchased Libit for $260m (6/99). Invested in Surf Communications (9/99) Thames Holding Inc. - Owns 42% of Carmel Forge J Walter Thompson - Acquired 50% of Tamir Cohen Advertising for $15m(12/99) 3Com Corporation (CA) - Owns 3Com Israel (formerly Nice Systems) (1994). R&D Divisions in Israel, NMD (Rehovot) & NCD (Herzliya Pituach). Intends to invest close to $300m in Israel by 1999 according to CEO Eric Benhamou in addition to the $100m already invested in Israel (2/97). Invested $5m in Orion Fund (12/98). Acquired 10% of Swan, Israeli Startup, for $1m (11/98). Purchased 7-10% of Jerusalem-based Silicon Value for approximately $4m (8/99) 3M Corp (MN) - Purchased 4.5% of BATM for $10m (6/99) Tower Records - Franchise Operation Tower Semiconductor - New $1b investment in Israel (7/97) Toys R Us - Franchise Operation Michael Trachtenberg - Owns 20% of Rogosin Enterprises Tracor Aerospace Inc(TX) - Owns 100% of Rokor Ltd subsidiary in Jerusalem. (now Tracor is owned by GEC/UK) Trans Pacific Resources (NY) - Owns 100% of Haifa Chemicals Ltd Travelers Group - $75m VC fund with Dovrat Schrem & Cowen - Polaris 2 (7/96) Trinity Venture Fund - Invested in Ensemble Communications’ 2 nd private placement of a total of $13.1m(1/99) Trufot Inc (NY) - Owns 49% of Promedico Ltd Unicycle Trading Co - Owns 9% of Logal Software Ltd Unisys - Opened marketing operations in Tel Aviv under the name Unisys Computers Ltd. (8/99) US BankCorp/Piper Jaffray - JV with Nessuah Zannex Ltd, Ramat Gan (4/99) US Robotics - Purchased Scorpio Communications Ltd 8/96 ($72m) Unisys - Opens representative office in Tel Aviv (8/99) United Guaranty (NC) - Acquired 80% of Ezer Mortgage Services (4/98) United Intl Holding - Owns 49% of Tevel Israel International United Technologies Inc (CT) - Owns 16% of Rada Electronic Industries. Owns 40% of Bet Shemesh Engines Ltd Unterberg Tobin - Invested $1m in RadGuard UPS - Sets up new $50m VC fund US Software Mgt Co - Purchased Netect for $35m (2/99) Vanity Fair - VF Corp - Franchise Operation (Delta Galil Industries) Venda 4 (VMA) - Owns 4% of Gambit Computers Comm VentureOne - Established Research Center for Israeli Venture Capital Market (9/98) Victor Carter (CA) - Owns 3% of Teva Pharmaceuticals Vishay Intertechnology(PA) - Owns 90% of Vishay Israel Ltd Vision Sciences Inc - Opened Vision Sciences Ltd Israel (10/98) Walden VC Fund (CA) - VC Fund in Israel Warner Communications - Franchise Operation (Hed Arzi Ltd) West Point Pepperell Inc - Franchise Operation (Zilberberg Yehuda Ltd - Nili Textile) Weyerhauser Co - Owns 50% of Tri-Wall Containers Wind River Systems(CA) - Investment in Emultek (1/98) Witco Corp (NY) - Owns 60% of Witco Ltd World Courier Metro Svcs - Franchise Operation WorldWideWeb Networx - Invested $18m in JenCom Digital Technologies WSI (CA) Semiconductors - Owns 100% of WSI Israel /Design center Xsirius Superconductivity - Owns 100% of Xsirius Superconductivity Zoran Corp (CA) - 2 subsidiaries in Israel. Owns 99% of Zoran Microelectronics Ltd |
|
|
|
|