Technology News

New Report On Israeli Innovation For Massachusetts

Tuesday, October 19, 2010 5:01:00 AM PDT | VentureDeal Staff

Waltham, Massachusetts  --  The New England-Israel Business Council has released a new report on the impact of Israeli related businesses on the Massachusetts economy.

The study, called "The Massachusetts-Israel Economic Relationship", was conducted by the global economic research firm Stax, Inc.

Among other highlights, the report stated that nearly 100 companies in Massachusetts are founded by Israelis or offer products based on Israeli technology and that these businesses generated $2.4 billion in direct revenue in Massachusetts in 2009.

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