Singapore discovers Israeli hi-tech

Temasek, a $200 billion investment company owned by the Singaporean government, is placing $5 million in the Ramot Momentum fund operated by Tel Aviv University’s Ramot technology transfer company. It is the first official investment by Singapore in Israel, although telecom giant SingTel recently opened an R&D center following its purchase of Israel’s Amobee.

This entry was posted in Economy & Business. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *