Hey SK
Well i certainly think it will go well North of where it sits at this moment in time.
These guys would appear to have a good strategy across the board for this play moving forward,
so many possibilities. and so much news yet to come.
Just look at the market for the added bonus of the chip which i for one was not expecting but hey ill take it
FANTASTIC OPPORTUNTITY
. Opportunity - Retail/Micro-chip Microchip would place Wangle Technologies in the semiconductor market Sources: Gartner, IC Insights, IHS Technology, RNR Market Research, API Research 4% growth forecasted in 2016 ! Revenue of over US$350 billion in 2014! Worth ~US$1.8 trillion by 2019! ! Microchip to provide IoT devices with a hardware solution to improve data usage and speed. ! Consumer technology retail sales driven by IoT to reach US$287 billion in 2016, in the US alone! Worth US$14 trillion by 2022.! Opportunity in the equipment manufacturing and telco market to alleviate pressure on networks.! Broadband opportunity for Wangle to have its chip embedded in broadband equipment. ! Over 153.6 million CPEs (customer premise equipment/broadband devices) will be shipped globally in 2016! 22
Just look at the potential amongst that lot if this is all they say it is, and i dont for one minute doubt what they say after all powerskills have done 3months DD and want in then who am i to argue,
Mosche Cohan From Powerskills obviously is connected
The semiconductor market is also heating up
ISCO Systems is acquiring Israel-based Leaba Semiconductor, a fabless semiconductor company which designs chips for connecting memory, storage and computing in data centres.
Both parties have kept very quiet about the exact nature of the business - Leaba Semiconductor is currently in “stealth mode, providing very little information other than it develops semiconductors to address “significant infrastructure challenges”.
A number of its managers and staff are former employees of Broadcom.
The US$320 million acquisition is a rare move by Cisco, due to the hardware-focused nature of Leaba Semiconductor. In recent years, Cisco has been more focused on buying software firms that help boost its Internet of Things and cloud capabilities.
However, industry sources say the acquisition could bolster Cisco’s datacentre networking expertise, especially as Leaba Semiconductor is folded into its own engineering team
Looks like the tech end of the market is well and truly embedded in Israel so if wangle is that good the buzz will be out there in israel
Cisco may well not relate to us but DYOR there is a massive hunt going on over there in Israel for new tech
The acquisition is another sign of the strength of the Israeli semiconductor industry — which, thanks to the Internet of Things technology, is only getting stronger, according to Shlomo Gradman, CEO of ASG Ltd., and chairman of the Israeli High Tech CEO Forum. “Just ask Apple” how strong the Israeli semiconductor industry is: “They acquired Anobit and PrimeSense, two companies whose main activity was chip design, and hired hundreds of chip designers who were let go from other companies, like Texas Instruments.”
The Internet of Things, continued Gradman, is a major semiconductor play, as companies race to make smaller and better connected chips to control the almost-endless list of devices that are going to be connected, uploading data to the cloud for analysis. IoT is a major game-changer that could become “a major growth engine,” he added.
GO WGL
