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Article: Azimuth demobilizes. (establishes Azimuth Technologies to manufacture commercial navigational systems)
- Article from:
- Israel Business Today
- Article date:
- July 30, 1993
CopyrightCOPYRIGHT 1993 Israel Business Today. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Azimuth Ltd of Tel Aviv has set up a new subsidiary called Azimuth Technologies, to convert military technologies and products for civilian use. The new subsidiary has received approved enterprise status. Azimuth plans to buy products and technology and to enter as an active investor into high-tech companies which specialize in software, electro-optics and electronic products. Azimuth will bring know-how, and technological and managerial experience to such companies.
Most low-priced business opportunities in high-tech are available in companies at an early stage of development. Azimuth officials predict the company's know-how and ...