RAWABI, West Bank/TEL AVIV: Palestinian engineers working for Israeli chip designer Mellanox Technologies are poised to share a US$3.5 million payout when the company's takeover by U.S. chip supplier Nvidia Corp is completed.
"We're very proud they have equity, the same as all other employees in the company," Mellanox Chief Executive Eyal Waldman told Reuters in an interview. " saw value, they saw loyalty in the relationship," Tahboub said in his office in a bustling high-tech centre in Rawabi, the first Palestinian planned city in the West Bank."The Israeli market provides an opportunity for the whole Palestinian high-tech sector."
" avoid risk. Why should I invest in a startup in Palestine if I'm not sure if the owner of that startup can travel to the U.S.?", Tahboub asked.
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