Israeli Technology Companies Turn to West Bank for Outsourcing
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Military roadblocks, nine-meter-high barriers and six decades of Israeli-Palestinian hostility didn’t deter Mellanox Technologies Ltd. from picking the West Bank for a new software design center.
“Israelis and Palestinians are in the same time zone and are pretty similar culturally,” said Eyal Waldman, chief executive officer of the Israeli maker of chips for data-center adapters. He chose the Palestinian city of Ramallah after considering India and China because of lower costs and the proximity to the Mellanox headquarters in Yokneam Elit.