Business Services Industry
ADP wins Walden support. (Walden Israel investment)
Israel Business Today, August, 1995
Walden Israel, the Israeli branch of the Walden International Venture Capital Fund, has announced a $2.5 million investment in high-tech company, A.D.P. Walden heads a group of investors that includes the Mofet Fund, Quantum, and a number of private investors, including Scitex and E.F.I. founder, Effi Arazi.
A.D.P. is a privately-owned company founded by former Elscint executives, Dan Ben-Ze'ev and Dan Inbar, and Giora Taltash. The company is currently in the final stages of development of an innovative simulation system based on unique electro-optic technologies. Experts in the field, valued at around $20 billion per annum, believe that A.D.P.'s new technologies constitute a breakthrough in the area of medical simulation.
Roni Hefetz, co-chairman of Walden...
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