Haifa mayor wants to house Apple development center

Apple will want to locate its new Israel development center close to the Technion.

The location of the development center being planned in Israel by Apple Inc. (Nasdaq: AAPL) will influence the country's commercial real estate market. Inevitably, the high tech park where Apple's new facility is located will become more attractive due to the presence of one of the world's most desirable brands.

For its part, Apple will want to be located as close as possible to the Technion, Israel Institute of Technology, the country's center of know-how in chips and semiconductors.

Haifa is eager to host Apple. Haifa Mayor Yona Yahav said, "The future arrival of Apple in Haifa would be a very great celebration and we would embrace them in the city. We would go a long way to help them and do everything to make their landing in Haifa as soft, as inviting and as sympathetic as possible. Apple has not contacted the municipality but the municipality is making every effort to make contact with Apple. From Haifa's point of view it would be a very important strategic contribution."

The obvious choice would be the Matam High Tech park at the southern entrance to Haifa, where Apple would find itself very much at home among neighbors such as Intel, IBM, Microsoft, Yahoo and many more international brands. Bayside Land Corp. Ltd.(Gav Yam) (TASE: BYSD1), which owns Matam, declined to comment on the subject.

Another option for Apple could be the Yokneam industrial zone south of Haifa which houses such companies as Marvell, Mellanox Technologies Ltd. (Nasdaq:MLNX; TASE:MLNX), Given Imaging Ltd. (Nasdaq: GIVN; TASE: GIVN), EZchip Semiconductor Ltd. (Nasdaq: EZCH; TASE:EZCH) and Medtronic.

Published by Globes, Israel business news - www.globes-online.com - on December 18, 2011

© Copyright of Globes Publisher Itonut (1983) Ltd. 2011

5 Comments
View comments in rows
Update by email about comments talkback
POST
Comments
Your name
Please insert your name
Content
Hyperlink in a new window Hyperlink Right Left underline italic bold Bulleted List Ordered List Face1 Face2 Face3 Face4 Face5 Face6
Your comment

Thanks
You comment was recieved and soon will be published.
In posting comments, I agree to abide by the Terms of Use
Globes encourages lively and frank debate, but posts that the editors consider merely abusive or otherwise inappropriate will be removed. Report inappropriate content
Thank you for posting your comment, which will be reviewed for publication.
Loading Comments...load
Load more comments
Twitter Facebook Linkedin RSS Newsletters