Check Point Software Technologies Inc (CHKP)

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>>Teva (TASE, Nasdaq:TEVA) and Check Point Software Technologies (NASDAQ:CHKP) were excluded from the race because of their elephantine proportions, but won plaudits as the leaders of Israel's technology scene.<<


Actimize is the fastest-growing tech company in Israel
25.9.2005 | 12:33
Zuri Dar

Actimize is the fastest-growing company in Israel, says Deloitte Brightman Almagor in its Fast 50 listing for the year 2005.

The company develops software to prevent bank fraud and money-laundering. The accounting firm says its revenues sprouted by 8,821% in the last five years.

In second place is Starhome with 7,246% revenue growth in five years, followed by Arotek, with 3,252%.

Other noteworthy companies on the list included M-Systems (Nasdaq:FLSH) (23rd place), Retalix (Nasdaq:RTLX) (24), PowerDsine (25), Lipman Electronic Engineering (TASE, Nasdaq: LPMA ), (28), Tadiran Communications (TASE: TDCM) (33), Ness Technologies (Nasdaq:NSTC) (37), DSP Group (Nasdaq:DSPG) (38), and Nice Systems (NASDAQ:NICE) (47).

Teva (TASE, Nasdaq:TEVA) and Check Point Software Technologies (NASDAQ:CHKP) were excluded from the race because of their elephantine proportions, but won plaudits as the leaders of Israel's technology scene.

Igal Brightman commented that Israel today has about 1,500 hi-tech companies, adding that in the last year, 40 Israeli companies were bought in some $2.5 billion worth of transactions

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