Tim Cook and Apple Opening Israel Headquarters
Apple CEO Tim Cook will inaugurate Apple Israel’s new headquarters. During Tim Cook’s visit to Israel next week, Cook will meet with former President Shimon Peres and senior figures in the nation’s high-tech industry, the Israeli business daily Globes reported Thursday, citing unnamed sources.
Apple Israel headquarters will be located in Herzliya Pituach, a wealthy beachfront district in central Israel. The Apple Israel offices will be 12,500 square meter and house 800 employees. Last year Apple’s Tim Cook met with Prime Minister Benjamin Netanyahu at Apple’s international headquarters in Cupertino, Calif.
Apple Israel’s development center is based on the acquisitions of flash memory developer Anobit ($390 million in 2012) and movement sensor developer PrimeSense ($300 million in 2013). Apple Israel also took in 150 employees being laid off in Israel last year by Texas Instruments.
Last August, in the midst of Operation Protective Edge, Apple co-founder Steve Wozniak arrived in Israel to participate in the EduAction Forum, an annual education conference that kicks off at the start of the school year.