Israel’s Tech Company Ranked Sixth Smartest Firm in the World


Israeli technology company Mobileye was ranked among the world’s six smartest companies by MIT Magazine.

Another Israeli company, IDE Technologies owned by Delek and ICL, also made the list of the year’s top 50 companies that combine innovative technology with an efficient business model.

Mobileye, whose product helps people drive safely, for instance providing warnings when they’re drifting out of their lane, beat out Google, Facebook and Toyota to rank sixth.

The ranking explained that Mobileye’s technology enables car manufacturers to compete against technology powerhouses such as Google in its bid to develop a driverless car.

 

 

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