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Israel seen as major player as global chip war intensifies With Intel's global chip hegemony being challenged, "Globes" surveys Israel's 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 Intel's semiconductor development for data centers and personal computers, responsible for some $30 billion in revenue each year. This expertise indicates he will very likely establish a similar activity in Israel, this time on behalf of Google. Frank's recruitm...

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, increased their investments. RELATED ARTICLES The specific amount raised by Xsight Labs was not disclos...

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 of EZchip - CEO Guy Koren, Switch GM Erez Sheizaf, and CTO Gal Malach - who left the company when it ...