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U.S multinational completes massive purchase of Israeli company, handing another defeat to the Boycott-the-Jews (BDS) movement

21

Despite horrific levels of anti-Semitism, the rise of the BDS movement, and the treachery of the Jewish left, Israel is flourishing like never before. Unlike pre-Holocaust times, proud Jews can fight back, and that is made possible by the strong Jewish state of Israel.

Every year, tens of billions of dollars are invested in Israeli technology from countries around the globe. Every few weeks, different multinational corporations are announcing that they are setting up R&D facilities in Israel. Heads of state and government officials are coming to Israel in record numbers to reap the benefits of Israeli innovation.

Today it was reported that a U.S multinational purchased an Israeli company for just under 7 billion dollars. In addition, Israel is leading the way in every area of technology, dominating the leading industries of today and tomorrow.

The greatest weapon against the BDS Movement is Israeli technology. Israel must never depend on America’s inept Jewish leaders (or anyone else) for its survival.

“Nvidia to acquire Mellanox for $6.9 billion,” by Lilach Baumer, Calcalist, March 11, 2019:

Nvidia Corporation is set to acquire Israeli chipmaker Mellanox Technologies Ltd. for $6.9 billion, the companies announced Monday. As per the companies’ agreement, Nvidia will acquire Mellanox’ issued and outstanding common stocks for $125 per share in cash, adding up to a total enterprise value of approximately $6.9 billion. The acquisition has been approved by both companies’ boards of directors, but is subject to regulatory approvals including approval by Mellanox shareholders.

On Sunday, Bloomberg and CNBC reported Nvidia nears a closing of a deal to acquire Mellanox. CNBC placed the deal at over $7 billion, while Bloomberg did not provide financial details.

The reports followed a Sunday Calcalist report stating that Nvidia has joined the bidding for Mellanox and has overtaken Intel Corporation, previously considered the leading bidder. In January, Calcalist reported that Intel made a $6 billion offer for the chipmaker.

“AI Companies Accounted for 37 percent of Israeli tech companies in 2018,” CTech, March 11, 2019:

By the end of 2018, 1,150 Israeli start-ups were making use of artificial intelligence technologies, according to a report released Monday by Start-Up Nation Central, a Tel Aviv-based non-profit managing a database of Israeli tech companies. The report includes companies developing core AI technologies as well as companies utilizing AI for products and services.

According to the report, AI companies, amounting to 17% of all Israeli tech companies, were responsible for raising $2.25 billion in 2018, 37% of the total capital raised by tech start-ups in the country.

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