Hightech and Communications

Doron Tikotzky Kantor Gutman Cederboum has an innovative Company Culture that makes it ideally positioned to support the High Tech and Telecommunications industries.

Technology has brought with it the development of means of communication between human beings. Along with them came new concepts of communication – a revolution in the communication process itself.

In the past, extensive use was made of oral communication. To transmit messages over long distances using couriers, the speed of communication was restricted by the speed of the runner or the horse that led the information.

During the first communications revolution, printed media made its first appearance in the form of pictographs.

Later, writing began to appear on clay, papyrus, and paper, etc. A set of agreed signs enabled uniformity in language and allowed for wider circulation. For example, mail, among other venues, transferred written messages. This revolution expanded further with the invention of printing.

During the last revolution, it became possible to transmit and receive information by electronic means, leading to fast and effective mass communication. During the 18th, 19th, 20th, and 21st centuries, means of communication have changed dramatically with the development of telecommunication. People began speaking via telephone, radio, television, and cellular phones.

Communication systems are yet another level of this field. Existing data communication systems, speech telecommunications, and multimedia communications, include a combination of image, motion, and audio.

Another division is private and public networks. An organization or commercial company network is an example of a private network.  The Internet is a public network. Simultaneously, applications emerged, powered by communication systems, such as fax, telephony network, and email over the Internet.

Companies that operate telecommunication services are facing challenges of growth, conversion, reorganization of business, technological change and increasing oversight. These entail close and meticulous legal accompanying support.

Doron Tikotzky Kantor Gutman Cederboum is most often chosen by telecommunication services companies for legal advice, because they appreciate the Firm’s innovative and knowledgeable approach to solving their immediate and long term needs. They greatly benefit Doron-Tikotzky‘s clear grasp of the opportunities, complexities, and commercial realities of the telecommunications industry – no matter where on the globe they happen to operate.

High Tech (short for high technology) is an overall name for industries in advanced technology. The term often refers to industries related to the computing world but also covers electronics industries, biotechnology, and other advanced technologies.

The computing industry has been around since the 1960s. During the 70s, hardware businesses were developed in the US, and were often started in garages of private homes on a minimal budget. Some of these companies were so successful that this model sparked the imagination of an entire generation of entrepreneurs. A good example is the inventor of an electronic spreadsheet who already became a billionaire in the 70s.

The first high-tech industry in Israel was born within the Government, in what was called the “Science Force” that later became the Armament Development Authority, Israeli Aircraft Industries, and other organizations..

The high-tech concept became a household word in the late 80s and early 90s, along with a tremendous growth in Internet use. During that time, small high-tech companies were frequently established, mostly as private initiative, based on a single specific hardware- or software-based idea. Such companies, or start-ups as they were called, were often bought out by larger companies for a large sums of money.

In the mid 90s, a new economy concept was coined, and many stocks were issued in the anticipation of big profits. The value “on paper” of those companies was much higher than their real value. Workers were recruited and changed rapidly, indicating how dynamic this industry had become. It led to the nickname “high-tech bubble.” In the early 2000s, when predictions were not realized and it became clear that the Internet market was developing more slowly than expected, there was a talk about a “bubble burst.” Many high-tech companies closed and thousands of young entrepreneurs (who had turned Computer Science into the most popular field of university study) found themselves out of work. When the first recovery of the field began in 2004, many high tech companies renewed their worker recruitment methods.

Since the 90s there has been a major development in high-tech centers around the world – places where conducive conditions seduce high-tech companies to open factories and branches.These are often termed “incubators.”

The high tech industry in Israel is concentrated mainly in the Tel Aviv and Gush Dan, extending to the north including Haifa, to Jerusalem, and to Beer-Sheva in the south. This area has been called the Israel’s Silicon Valley.

Doron Tikotzky Kantor Gutman Cederboum offers high tech companies full legal escort “hand in hand” from the moment an idea is born right through to a successful exit. 


Read more…

Tax Departments

Civil & Commerce Law Department

Real Estate Law

Collections, Execution, Banking & Solvency


Get more information!

Your Name (required)

Your Email (required)

Your Country (required)

Phone

Subject

Your Message

captcha