Bosch Group has established a research and technology office in Tel Aviv.  Bosch CEO Volkmar Denner said “Pioneering spirit, world-class universities, and creative ideas – they’re all here. It’s just the right environment for groundbreaking innovations, and thus for Bosch as well”.

http://www.automotiveworld.com/news-releases/israel-country-innovations-start-ups-bosch-establishes-research-office-tel-aviv/