Bloomberg News

Steinitz Says Cisco Deal Is ‘Show of Faith’ in Israel Technology

March 15, 2012

Israeli Finance Minister Yuval Steinitz said that Cisco Systems Inc. (CSCO)’s planned acquisition of NDS Group Ltd., announced today, is a “show of faith” in the future of the Israeli technology industry.

Steinitz made the comment in an e-mailed statement today.

To contact the reporter on this story: Alisa Odenheimer in Jerusalem at aodenheimer@bloomberg.net

To contact the editor responsible for this story: Calev Ben-David at cbendavid@bloomberg.net


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