Cisco Systems will invest $15 million in Israeli venture capital funds as part of a broader plan to expand its operations in Israel and outside the United States, the company said on Wednesday.
The investment will be made in funds that support integration of Israelis and Arabs and the development of innovative security technologies.
Cisco, which last year bought Israeli pay-TV smartcard maker NDS for $5 billion, also said it would establish a development centre in Israel that will sponsor research on cyber security and analyze security in the financial, health and industrial sectors.
To read the original article: Cisco to invest in Israeli venture capital funds | Reuters
