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Sunday, July 31, 2005

Oracle Plans Israeli Center

Software giant Oracle, has confirmed that it signed an agreement with Israel’s Office of the Chief Scientist to establish a technological support center for Israeli startups. Oracle will provide technology and know-how to young companies, particularly in the software sector, and Israel will fund research costs for the companies. The world’s no. 2 software maker has set up research and development centers in the United States and India before.

The chief scientist’s office, part of the Industry and Trade Ministry, said that in addition to providing startups with preferable conditions in the purchase of Oracle infrastructure, the center will help the Israeli firms in marketing by providing access to Oracle representatives and leading companies worldwide. Read More ....

Source: Red Herring | reBlogged By: News Blog re-Blog
Filed Under: Israel, Software, Technology, Mideast, Industry | Permalink

Posted by News Blog re-Blog Team |

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