Leaba Semiconductor News Today

The Israeli billionaire who has sold chip companies to Intel, Amazon, Carl Zeiss, Marvell and Cisco tells "Globes" why he is living in exile in Switzerland.

In its most recent financing round in June 2021, the cloud security company had a valuation of $46 million, according to PitchBook.

"In 2023 Cisco will continue to make investments in Israel,” says Oren Sagi, CEO of Cisco Israel. “We see better valuations today, the entrepreneurs are a little more realistic and there is also more pressure in the markets. All these conditions indicate that this will be a good year for us as an investor"

The company has attempted to recruit engineers in the semiconductor field in recent weeks for management and engineering positions at the new center

The company has attempted to recruit engineers in the semiconductor field in recent weeks for management and engineering positions at the new center

Israel seen as major player as global chip war intensifies With Intels global chip hegemony being challenged, "Globes" surveys Israels pivotal role in the battle, as high-tech salaries surge. Recently, Google "poached" former senior Intel executive Uri Frank to lead its strategic chip development activity in Israel. Frank had headed Intels semiconductor development for data centers and personal computers, responsible for some $30 billion in revenue each year. This expertise indicates he will ve...

Israeli chip co Xsight Labs raises over $100m The Kiryat Gat-based company aims to deliver end-to-end connectivity solutions for cloud infrastructure. Israeli fabless semiconductor Xsight Labs has announced the closing of its Series D financing round led by Valor Equity Partners and Atreides Management with the participation of new investors Fidelity Management & Research and Accton Technology and existing investors Battery Ventures, Intel Capital, M12 Microsoft’s Venture Fund and Xilinx, inc...

Israeli chip co Xsight Labs raises $116m Xsight Labs seeks to redesign the foundation of cloud infrastructure by delivering a broad portfolio of products that enable end-to-end connectivity. Israeli fabless semiconductor company Xsight Labs has come out of stealth and announced that it has raised $116 million to date from Intel Capital, Microsoft M12, Xilinx, Battery Ventures, Valor Equity Partners, Atreides Management and others. Xsight Labs was founded in 2017 by a group of former employees o...