Wednesday, August 26, 2015

Deutsche Telekom To Invest €100M In Israeli Startups

According to a report in “TheMarker”, the German telecommunications giant Deutsche Telekom will invest € 100 million in Israeli high-tech in the coming years. The company will invest through its venture capital arm, and the investment process will be led by Guy Horowitz, the former CEO of Deutsche Telekom in Israel. In addition, Amit Keren has been appointed to the position of business developer for Deutsche Telekom in Israel.

Deutsche Telekom is headquartered in Bonn, Germany and is headed by CEO and Chairman Timotheus Hotteges.

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