Aladdin CEO Margalit says he's seen some major changes in the Israeli business and high-tech scene in his 13 years in the industry. But, says Margalit, young companies and start-ups are built with one clever idea and targeted toward a quick, easy exit. He's looking for a mix of both companies being sold to larger, more well-established organizations as well as companies that can make it on their own. Another change is that while most of the money is from the United States, there's more coming from Europe and Japan as well. Everything that happens in the industry is positive, whether it's a company going public on a foreign stock exchange, merger or acquisition activity or more venture capital money raised.
Some Israeli companies are in the right place at the right time when it comes to successful mergers.
The company now operates as a research and development center for Lucent in Israel, with Lucent handling marketing and distribution of the Lannet-produced technologies and solutions. Lannet, originally a subsidiary of the RAD group and then a unit of Madge Network NV, always competed with the giants, including 3Com and Cisco. The idea behind data communications is to speed up and make communication more reliable between computer users in a local area network, that is, a computer network used by a company or organization. We can also become the seed for additional acquisitions in Israel in the high-tech industry, as wells as new industry and marketing trends. Lannet's formula for success can be boiled down to its resources.