Cisco in Building Ofek 10
Good news keeps coming about the new residents at high-tech building Ofek 10, which is now being built in the Business Park by the Caesarea Assets Corporation. And this time, it’s Cisco Systems Israel, Ltd., which has signed a lease for an entire floor in the building, with an area of 2,389 sq. meters.
Cisco’s Israeli branch, which was founded more than 20 years ago, has always been of unique importance to the global Cisco corporation. The company focuses on switching, routing and intelligent network services, cyber security, IoE and Smart Cities, Cloud, Big Data, data centers, collaboration and video solutions for organizations and service providers as well as business architectures and technologies.
Cisco is one of the multi-national technology companies in Israel that has the most diverse operations. In addition to its development center, which employs 1,600 people, the company has acquired 11 Israeli companies since May 1998 with a total value of more than $1.8 billion, including Leaba Semiconductor which was acquired a year ago for $320 million.
Leaba chose the Caesarea Industrial Park when the company was first founded, and today, as part of Cisco, they are expanding their activities within the park, leasing an entire floor in the Ofek 10 building.