Mind the Tech NYC
Aggressive Competition Over Talent Hurts Israeli Tech, Says Head of LeumiTech
Yaakov (Koby) Haber, chairman of LeumiTech, spoke at Calcalist’s Mind the Tech conference in New York last week
Speaking at the Mind the Tech conference in New York, Yaakov (Koby) Haber, chairman of Israel's Bank Leumi subsidiary LeumiTech Ltd., gave a positive review of the Israeli tech sector in 2017. According to Mr. Haber, in 2017 there were 70 mergers and acquisitions of Israeli tech companies with average revenue of $106 million, compared with $64 million in 2016. Israeli tech companies brought in $15.2 billion in funding in over 600 deals, Mr. Haber said.
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