Market Insights

High-Tech Companies in Petah Tikva – Why Israel’s New Tech Heartbeat Is Here

Dikla Alfi
Dikla Alfi
14 Nov 2024 · 4 min read
Quick Answer High-Tech Companies in Petah Tikva – Why Israel’s New Tech Heartbeat Is Here

High-Tech Companies in Petah Tikva – Why Israel’s New Tech Heartbeat Is Here

Why is Petah Tikva a sought-after location?
High-tech companies in Petah Tikva are increasingly establishing the city as a major technological hub in the center of the country, thanks to a range of advanced infrastructure, convenient transportation, and fast access to Tel Aviv and other cities. Over the years, Petah Tikva has become a popular destination for tech companies and startups looking to set up their offices in an accessible area with optimal conditions. Improved transportation, including the new light-rail line, makes the city easy to reach for employees and gives an additional advantage to high-tech companies that choose it as their operational center.

חברות הייטק בפתח תקווה קצב צמיחה לעומת תל אביב והרצליה

The graph shows the growth in the number of high-tech companies in the cities of Petah Tikva, Tel Aviv, and Herzliya between 2015 and 2024. It clearly illustrates that Petah Tikva is experiencing a sharper growth rate compared to the other cities, highlighting its emergence as an important and attractive technological hub in Israel.

Transportation advantages for employees of high-tech companies in Petah Tikva
High-tech companies that choose to be based in Petah Tikva benefit from the city’s excellent accessibility. The new light-rail lines make it easy and fast to reach the city, allowing employees to commute conveniently from anywhere in the greater central region and reducing traffic congestion. Thanks to this, Petah Tikva is a highly desirable location for companies looking to create an accessible work environment.

A look at the leading companies
Petah Tikva is a key hub for many leading high-tech companies. Here are some of the most prominent ones:

  • Intel Israel
    Intel is one of the major companies in Petah Tikva, with advanced development centers in the fields of artificial intelligence and cybersecurity.
    Link: Intel Israel website
  • NICE Systems
    NICE provides technological solutions for customer experience management and security. It is one of the largest companies in Petah Tikva and continues to expand internationally.
    Link: NICE website
  • Similarweb
    Similarweb is a leading Israeli company in analyzing user behavior online and is an integral part of the high-tech ecosystem in Petah Tikva.
    Link: Similarweb website
  • Taboola
    Taboola specializes in online content recommendations and is one of the standout companies in the city, attracting many talents in the media and marketing space.
    Link: Taboola website
  • Mellanox Technologies (NVIDIA)
    Mellanox, acquired by NVIDIA, is a global leader in advanced networking technologies and significantly strengthens the high-tech map of Petah Tikva.
    Reference: Article about Mellanox on Geektime
    Link: Nvidia website
  • IBM Israel
    IBM operates a research and development center in Petah Tikva, employing around 2,000 people.
    Link: IBM website
  • Payoneer
    A global payments platform employing around 1,400 people, some of them in its development center in Petah Tikva.
    Link: Payoneer website
  • CyberArk
    An Israeli cybersecurity company specializing in preventing cyberattacks on organizations.
    Link: CyberArk website
  • Ctera
    A startup specializing in cloud storage and backup solutions, with around 100 employees in its Petah Tikva offices.
    Link: Ctera website
  • Verint
    A company specializing in intelligence, monitoring, and information collection solutions, with major offices in Petah Tikva.
    Link: Verint website
  • Glassbox
    A leading startup in digital customer experience analytics, with offices in Petah Tikva.
    Link: Glassbox website

Petah Tikva offers a wide range of employment opportunities in high-tech and startups, and you can also find many smaller, innovative startups in additional domains.

Startups and high-tech companies in Petah Tikva as part of the “Startup Nation”
The startups and high-tech companies based in Petah Tikva include many young and promising professionals. The city offers co-working spaces and modern facilities that support entrepreneurship and enable startups to grow within a vibrant tech ecosystem.

More information about high-tech companies in Petah Tikva
Content platforms such as Startup Nation Central and Geektime regularly publish updates about high-tech companies in Petah Tikva, tech trends, and new initiatives in the city.

  • Startup Nation Central
  • Geektime

Summary: Why is Petah Tikva a preferred destination for high-tech companies?
A company that chooses to base its offices in Petah Tikva benefits from a combination of advanced transportation, proximity to Israel’s economic center, and infrastructure that supports growth. The city has become a significant technological hub and offers optimal conditions for companies seeking to expand in both the local and global markets.