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Invest in Israel Newsletter January 2012

VC Cafe

Though a global innovator, Apple in 2010 only invested 2% of its revenue in R&D, much lower than other high-tech companies. Apple has hired Aharon Aharon, a veteran player in Israel’s high tech industry, to lead the new development center. FLASH COMPANY ANOBIT TO BE APPLE’S FIRST ISRAELI ACQUISITION. Israel Corp.