WIS News 10 - Columbia, South Carolina |Bill Gates pledges new investment in Israel

Bill Gates pledges new investment in Israel

(Tel Aviv, Israel-AP) October 26, 2005 - Bill Gates is pledging nearly one and a-half million dollars to Israel's technology sector.

The Microsoft founder and chairman announced his investment Tuesday on his first trip to Israel. Gates says the kind of innovation going on in Israel is "critical to the future of the technology business."

He met with Israeli Prime Minister Ariel Sharon, spoke to 25-hundred business leaders in Tel Aviv and held a technology workshop for Israeli high school students.

Microsoft employs more than 400 people at a software security development facility in the northern Israeli city of Haifa. But the company has strived to keep the operation out of the limelight, out of sensitivity in the Arab World. Gates' meeting with some of those workers was rare publicity for the facility.

Gates' next stop on his tour of the Middle East is Jordan.

Posted 1:39pm by Bryce Mursch

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